NewMed Energy - Limited Partnership Sustainability Profile
NewMed Energy - Limited Partnership, headquartered in Illinois, is a prominent player in the energy sector, specialising in innovative solutions for natural gas and renewable energy. Founded in 2020, the company has quickly established itself as a leader in the industry, focusing on sustainable energy production and efficient resource management. With operations extending across key regions in the United States, NewMed Energy offers a range of core services, including natural gas exploration, production, and renewable energy initiatives. Their commitment to cutting-edge technology and environmentally responsible practices sets them apart in a competitive market. Recognised for their strategic partnerships and significant contributions to energy sustainability, NewMed Energy continues to drive advancements in the energy landscape, positioning itself as a forward-thinking entity dedicated to meeting the evolving needs of the industry.
DitchCarbon Score
How does NewMed Energy - Limited Partnership'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
NewMed Energy - Limited Partnership's score of 18 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NewMed Energy - Limited Partnership's reported carbon emissions
In 2023, NewMed Energy - Limited Partnership reported total carbon emissions of approximately 48,312,000 kg CO2e from Scope 1, 18,820,000 kg CO2e from Scope 2, and 48,435,000 kg CO2e from Scope 3. This data reflects a slight decrease in Scope 1 emissions from 52,748,000 kg CO2e in 2022, while Scope 2 emissions increased from 18,461,000 kg CO2e. Scope 3 emissions also saw a reduction from 52,873,000 kg CO2e in the previous year. The company has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. All emissions data is self-reported by NewMed Energy - Limited Partnership, with no cascading data from a parent organization. The company is actively disclosing emissions across all three scopes, demonstrating transparency in its environmental impact reporting. Overall, NewMed Energy's emissions data highlights the ongoing challenges in managing carbon footprints within the energy sector, particularly in balancing operational emissions with broader climate commitments.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 33,564,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,837,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 33,617,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is NewMed Energy - Limited Partnership's Industry?
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NewMed Energy - Limited Partnership'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.
NewMed Energy - Limited Partnership 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.
