Kenmare Resources plc, commonly referred to as Kenmare, is a prominent player in the gas and diesel oil industry, headquartered in Ireland (IE). Established in 1972, the company has made significant strides in the energy sector, focusing primarily on the extraction and distribution of high-quality gas and diesel oil products.
With major operations in various regions, Kenmare is recognised for its commitment to sustainability and innovation. The company’s core offerings include refined petroleum products that stand out for their efficiency and environmental considerations.
Kenmare has achieved notable milestones, solidifying its market position as a reliable supplier in the energy landscape. Its dedication to quality and customer satisfaction continues to drive its success in a competitive industry.
+9 vs industry average
Kenmare’s score of 29 is higher than 57% 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 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Kenmare's reported carbon emissions
Kenmare, a gas and diesel oil industry company based in IE, reported total emissions of approximately 167.3 billion kg CO2e in 2023. This included Scope 1 emissions of about 57.1 billion kg CO2e, Scope 2 emissions of about 167.3 billion kg CO2e (market-based), and Scope 3 emissions totalling approximately 110.2 billion kg CO2e.
In 2022, Kenmare's total emissions were approximately 181.7 billion kg CO2e, with Scope 1 at about 66.5 billion kg CO2e, Scope 2 at approximately 181.7 billion kg CO2e (market-based), and Scope 3 emissions of around 115.2 billion kg CO2e. For 2021, total emissions were approximately 194.6 billion kg CO2e, comprising Scope 1 emissions of about 70.4 billion kg CO2e and Scope 2 emissions of roughly 194.6 billion kg CO2e (market-based), alongside Scope 3 emissions of approximately 124.1 billion kg CO2e.
Kenmare has set a long-term ambition to achieve Net Zero for its operational (Scope 1 and 2) emissions by 2040, using a 2021 baseline. The company also aims to reduce GHG emissions per tonne of excavated ore by 45% by 2030. Furthermore, Kenmare has a near-term target to reduce emissions by 12% by the end of 2024, relative to its 2021 baseline, and reported exceeding this target.
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Kenmare’s Climate Goals (2030 & 2050)
5 goals2024
12% reduction in Scope 1
2022: Set a GHG reduction target (Scope 1) of 12% by 2024, relative to 2021
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.
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Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Kenmare
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