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.
+24 vs industry average
Karoon Energy’s score of 43 is higher than 71% 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
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Karoon Energy's reported carbon emissions
Karoon Energy, an Australian company operating in the Gas/Diesel Oil industry, reported total emissions of approximately 4.79 billion kg CO2e for the year 2025. This comprised Scope 1 emissions of about 118.24 million kg CO2e, Scope 2 emissions of approximately 137,000 kg CO2e, and Scope 3 emissions amounting to roughly 4.67 billion kg CO2e. For the year 2024, Karoon Energy's total emissions were approximately 4.78 billion kg CO2e, with Scope 1 at about 127.94 million kg CO2e, Scope 2 at around 59,000 kg CO2e, and Scope 3 at approximately 4.65 billion kg CO2e. In 2023, total emissions were about 4.06 billion kg CO2e, including Scope 1 of roughly 123.75 million kg CO2e, Scope 2 of about 55,000 kg CO2e, and Scope 3 of approximately 3.94 billion kg CO2e. The company has a long-term commitment to reduce its Scope 1 and Scope 2 emission intensity by 30% by the end of 2032, using 2021 as a baseline. This initiative aims to mitigate Karoon Energy's climate impact within its operational scope.
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Karoon Energy’s Climate Goals (2030 & 2050)
2 goals2032
30% reduction in Scope 1
Reduce Scope 1 and Scope 2 emission intensity by 30% by end-2032 from a 2021 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Karoon Energy
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