Neptune Energy Group Limited
Neptune Energy Group Limited, commonly referred to as Neptune Energy, is a prominent independent oil and gas exploration and production company headquartered in Great Britain. Established in 2015, the company has rapidly expanded its operations across key regions, including the North Sea, North Africa, and Asia-Pacific, positioning itself as a significant player in the energy sector. Neptune Energy focuses on the exploration, development, and production of hydrocarbons, with a commitment to sustainable practices and innovative technologies. The company is recognised for its efficient asset management and operational excellence, which have led to notable achievements in resource development. With a strong emphasis on reducing carbon emissions, Neptune Energy is dedicated to transitioning towards a more sustainable energy future, making it a leader in the evolving energy landscape.
DitchCarbon Score
How does Neptune Energy Group Limited'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 Real Estate 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.
Industry Benchmark
Neptune Energy Group Limited's score of 36 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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Neptune Energy Group Limited's reported carbon emissions
In 2022, Neptune Energy Group Limited reported total carbon emissions of approximately 80,263,000 kg CO2e from Scope 1, 291,000 kg CO2e from Scope 2, and 763,000 kg CO2e from Scope 3, specifically related to business travel. The combined total for Scope 1 and Scope 2 emissions was about 80,554,000 kg CO2e. This data reflects a significant increase in emissions compared to 2021, when the company recorded approximately 38,237,000 kg CO2e for Scope 1, 286,000 kg CO2e for Scope 2, and 277,000 kg CO2e for Scope 3. Neptune Energy's emissions data is cascaded from its parent company, Eni S.p.A., which influences its overall climate strategy. However, there are currently no specific reduction targets or climate pledges documented for Neptune Energy. The company is part of a broader industry context that is increasingly focused on reducing carbon footprints and enhancing sustainability practices. Overall, while Neptune Energy has disclosed its emissions data, it has yet to establish formal reduction initiatives or targets, indicating a potential area for future development in its climate commitments.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 21,415,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,293,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 15,339,000 | 000,000 | 000,000 | 0,000,000 |
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.
Neptune Energy Group Limited 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.
