Kosmos Energy
Kosmos Energy Ltd., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations in West Africa and the Gulf of Mexico. Founded in 2003, the company has achieved notable milestones, including successful exploration and production ventures that have positioned it as a leader in the sector. Specialising in deepwater exploration and production, Kosmos Energy is recognised for its innovative approach to resource development, particularly in emerging markets. The company’s core services include oil and gas exploration, production, and development, with a focus on sustainable practices and technological advancements that enhance efficiency. With a strong market presence, Kosmos Energy has garnered attention for its strategic partnerships and successful projects, solidifying its reputation as a forward-thinking energy company committed to delivering value while prioritising environmental stewardship.
DitchCarbon Score
How does Kosmos Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kosmos Energy's score of 39 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kosmos Energy's reported carbon emissions
In 2024, Kosmos Energy reported total Scope 1 emissions of approximately 14,031,000 kg CO2e. This follows a significant increase in 2023, where Scope 1 emissions reached about 23,913,000 kg CO2e, alongside Scope 2 emissions of about 1,018,000 kg CO2e and Scope 3 emissions from business travel at approximately 391,000 kg CO2e. In 2022, the company recorded Scope 1 emissions of about 27,665,000 kg CO2e, with Scope 2 emissions at approximately 1,087,000 kg CO2e and Scope 3 emissions from business travel at around 661,000 kg CO2e. Kosmos Energy has made notable climate commitments, aiming for carbon neutrality in its operated Scope 1 and Scope 2 emissions by 2030 or sooner. The company achieved this goal in 2021 and has maintained carbon neutrality since then. Additionally, Kosmos has set a target to reduce absolute Scope 1 equity emissions by 25% by 2026, using 2022 as a baseline. This commitment reflects the company's proactive approach to addressing its current emissions from both operated and non-operated assets.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 109,309,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,026,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | - |
| Scope 3 | 2,009,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kosmos Energy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
