NewMed Energy - Limited Partnership
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 higher than 58% 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 comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. Comparatively, in 2022, the company recorded emissions of about 52,748,000 kg CO2e for Scope 1, 18,461,000 kg CO2e for Scope 2, and 52,873,000 kg CO2e for Scope 3. This indicates a reduction in Scope 1 emissions by approximately 4,436,000 kg CO2e and a slight decrease in Scope 3 emissions by about 4,438,000 kg CO2e from 2022 to 2023. NewMed Energy has not publicly committed to specific reduction targets or initiatives, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of documented reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Overall, NewMed Energy's emissions data demonstrates a significant scale of operations, with total emissions reflecting their substantial revenue of approximately USD 934.6 million in 2023. The company is headquartered in Illinois and is actively engaged in the energy sector, which is inherently linked to carbon emissions.
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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 |
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.
NewMed Energy - Limited Partnership 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.
