Orca Energy
Orca Energy Group Inc., commonly referred to as Orca Energy, is a prominent player in the East African energy sector, headquartered in Tanzania (TZ). Founded in 2018, the company has rapidly established itself as a leader in natural gas exploration and production, primarily focusing on the development of the substantial gas reserves in the Ruvuma Basin. Orca Energy's core offerings include the extraction and distribution of natural gas, which is distinguished by its commitment to sustainable practices and community engagement. The company has achieved significant milestones, including successful drilling campaigns and strategic partnerships that enhance its operational capabilities. With a strong market position, Orca Energy is recognised for its innovative approach to energy solutions, contributing to the region's economic growth and energy security.
DitchCarbon Score
How does Orca 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 Gas/Diesel Oil 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
Orca Energy's score of 13 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Orca Energy's reported carbon emissions
In 2021, Orca Energy reported total carbon emissions of approximately 6,462,000 kg CO2e, with Scope 2 emissions accounting for about 2,357,000 kg CO2e. The company has set ambitious climate commitments, aiming for 50% of its assets under management to be invested in climate solutions by 2025. Additionally, by 2030, Orca Energy plans for 90% of its emissions to be subject to direct or collective engagement and stewardship actions. The company also targets a 28% reduction in carbon emission intensity for both Scope 1 and Scope 2 emissions by 2030, compared to 2023 levels. These initiatives reflect Orca Energy's commitment to addressing climate change and reducing its carbon footprint.
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| 2021 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 2,357,000 |
| Scope 3 | - |
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.
Orca Energy 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.
