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Public Profile
Electricity from Other Sources
NO
updated 20 days ago

Panoro Energy Sustainability Profile

Company website

Panoro Energy ASA, commonly referred to as Panoro Energy, is a prominent independent oil and gas company headquartered in Norway. Established in 2009, the company has made significant strides in the energy sector, focusing primarily on exploration and production activities in West Africa and the North Sea. Panoro Energy is renowned for its strategic asset portfolio, which includes interests in several producing fields and development projects. The company’s commitment to sustainable practices and operational excellence sets it apart in a competitive market. With a strong emphasis on maximising resource potential, Panoro Energy has achieved notable milestones, enhancing its position as a key player in the oil and gas industry.

DitchCarbon Score

How does Panoro 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.

42

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

25

Industry Benchmark

Panoro Energy's score of 42 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

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Panoro Energy's reported carbon emissions

In 2024, Panoro Energy reported total carbon emissions of approximately 1,500,286,000 kg CO2e. This figure includes 142,656,000 kg CO2e from Scope 1 emissions, 5,700,000 kg CO2e from Scope 2 emissions, and a significant 1,351,930,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a target to decrease Scope 1 emissions by 47,900 metric tons CO2e by 2030, representing a 31% reduction from 2023 levels. In 2023, Panoro Energy's emissions were reported at 1,080,000,000 kg CO2e, with Scope 1 emissions at 152,849,000 kg CO2e, Scope 2 at 5,426,000 kg CO2e, and Scope 3 at 1,018,814,000 kg CO2e. The trend indicates a focus on addressing emissions across all scopes, particularly in Scope 3, which constitutes the majority of their emissions profile. The company has not reported any Science-Based Targets Initiative (SBTi) targets but is actively engaging in initiatives to enhance sustainability and reduce emissions in line with global decarbonisation efforts. Panoro Energy's emissions data is sourced directly from the company, ensuring accuracy and relevance in their climate commitments.

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20202021202220232024
Scope 1
-
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
3,390,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Panoro Energy's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Panoro Energy's primary industry is Electricity from Other Sources, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Panoro Energy's Location?

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. This request for Panoro Energy is in NO, which has a very low grid carbon intensity relative to other regions.

Panoro Energy'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.

Panoro Energy 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Panoro Energy's Emissions with Industry Peers

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Genel Energy

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•
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Updated 3 days ago

Woodside Energy

AU
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 1 day ago

Equinor

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•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 2 days ago

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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

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