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Karoon Energy Limited, commonly referred to as Karoon Energy, is a prominent player in the gas and diesel oil industry, headquartered in Australia. Founded in 2006, the company has established a strong presence in key operational regions, including Brazil and Australia, focusing on the exploration and production of oil and gas resources.
Karoon Energy is renowned for its commitment to sustainable energy solutions, offering a range of core services that include the development of oil fields and the production of natural gas. The company distinguishes itself through innovative technologies and a strategic approach to resource management, ensuring efficient and environmentally responsible operations.
With a solid market position, Karoon Energy has achieved significant milestones, including successful exploration projects and partnerships that enhance its portfolio. As it continues to expand its footprint in the energy sector, Karoon Energy remains dedicated to delivering reliable energy solutions while prioritising sustainability and community engagement.
40
DitchCarbon score
+24 vs industry average
Karoon Energy’s score of 40 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Gas/Diesel Oil is among the most carbon-intensive industries
Industry performance
0.698
20182025
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Karoon Energy's reported carbon emissions
Karoon Energy, an Australian Gas/Diesel Oil company, reported its latest carbon emissions for 2025 with a total of approximately 4.79 billion kg CO2e. This includes Scope 1 emissions of around 118.24 million kg CO2e, Scope 2 emissions of about 137,000 kg CO2e, and Scope 3 emissions totalling roughly 4.67 billion kg CO2e.
Looking back, in 2024, the company's total emissions were approximately 4.78 billion kg CO2e, comprising around 127.94 million kg CO2e for Scope 1, 59,000 kg CO2e for Scope 2, and 4.65 billion kg CO2e for Scope 3. For 2023, total emissions were about 4.07 billion kg CO2e, with Scope 1 at approximately 123.75 million kg CO2e, Scope 2 at 55,000 kg CO2e, and Scope 3 at roughly 3.94 billion kg CO2e.
Karoon Energy has set a long-term intensity reduction target to decrease Scope 1 and Scope 2 emissions intensity by 30% by the end of 2032, using a 2021 baseline. This commitment is detailed in their 2024 Sustainability Report.
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Karoon Energy’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Karoon Energy11 months ago
40
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