Kosmos Energy Sustainability Profile
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 48 is higher than 78% 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 carbon emissions of approximately 14,031,000 kg CO2e for Scope 1, 966,000 kg CO2e for Scope 2, and a significant 8,878,066,000 kg CO2e for Scope 3 emissions. This represents a notable increase in Scope 1 emissions from 23,913,000 kg CO2e in 2023, while Scope 2 emissions decreased slightly from 1,018,000 kg CO2e. The company has set a target to reduce absolute Scope 1 equity emissions by 25% by 2026, using 2022 as a baseline. Additionally, Kosmos Energy achieved carbon neutrality for its operated Scope 1 and Scope 2 emissions in 2021 and has maintained this status since. The emissions data is not cascaded from any parent company, and all figures are reported directly by Kosmos Energy Ltd. The company is committed to addressing its carbon footprint through these reduction initiatives, aligning with industry standards for climate action.
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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 | 000,000 |
| Scope 3 | 2,009,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000,000 |
How Carbon Intensive is Kosmos Energy's Industry?
How Carbon Intensive is Kosmos Energy's Location?
Kosmos Energy's Scope 3 Categories Breakdown
Kosmos Energy's Scope 3 emissions, which increased significantly last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
Kosmos Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kosmos Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
