Public Profile

Maha Energy

Maha Energy AB, commonly referred to as Maha Energy, is a prominent player in the oil and gas industry, headquartered in Sweden (SE). Founded in 2015, the company has rapidly established itself with significant operations in Brazil and the United States, focusing on the exploration and production of oil and gas resources. Maha Energy is distinguished by its commitment to sustainable practices and innovative technologies, which enhance the efficiency of its core services. The company’s portfolio includes both conventional and unconventional oil production, positioning it as a forward-thinking entity in a competitive market. With a strong emphasis on environmental responsibility, Maha Energy has achieved notable milestones, including successful drilling projects that underscore its market position. As it continues to expand its footprint, Maha Energy remains dedicated to delivering value while prioritising sustainability in the energy sector.

DitchCarbon Score

How does Maha 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.

21

Industry Average

Mean score of companies in the Business Services 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.

9

Industry Benchmark

Maha Energy's score of 21 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

Maha Energy's reported carbon emissions

In 2023, Maha Energy reported total carbon emissions of approximately 8,542,000 kg CO2e, with Scope 1 emissions accounting for about 8,142,000 kg CO2e and Scope 2 emissions at approximately 423,000 kg CO2e. This marks a significant reduction from previous years, as emissions in 2022 were about 34,805,000 kg CO2e, and in 2021, they were approximately 33,787,000 kg CO2e. The company has shown a notable decrease in emissions, particularly in Scope 1, which dropped from about 33,287,000 kg CO2e in 2021 to approximately 8,142,000 kg CO2e in 2023. This reduction reflects a strategic shift in operations and a commitment to lowering their carbon footprint. Maha Energy has disclosed emissions data for Scope 1 and Scope 2, but there are no specific reduction targets or climate pledges outlined in their current initiatives. The company continues to focus on improving its sustainability practices within the mineral fuels and oils sector, aiming to enhance its environmental performance.

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Add to project
2020202120222023
Scope 1
33,205,000
00,000,000
00,000,000
0,000,000
Scope 2
582,000
000,000
000,000
000,000
Scope 3
-
00,000
00,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Maha Energy's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Maha Energy is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

Maha Energy is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers