Petredec Limited

In 2020, Petredec Limited reported total carbon emissions of approximately 112,139,300 kg CO2e. This figure includes 107,205,400 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 4,572,700 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions accounted for 361,200 kg CO2e, which are emissions that occur in the value chain, including both upstream and downstream activities. In 2019, the company’s total emissions were about 102,039,200 kg CO2e, with Scope 1 emissions at 94,405,100 kg CO2e, Scope 2 at 7,314,300 kg CO2e, and Scope 3 at 319,900 kg CO2e. The 2018 emissions were higher, totalling approximately 114,005,400 kg CO2e, with Scope 1 emissions at 105,010,500 kg CO2e, Scope 2 at 8,144,800 kg CO2e, and Scope 3 at 850,100 kg CO2e. Despite these figures, Petredec Limited has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. As the industry increasingly focuses on sustainability, it will be essential for Petredec to establish clear commitments to reduce its carbon footprint in alignment with global climate goals.