Petsec Energy Ltd Sustainability Profile
Petsec Energy Ltd, an Australian-based oil and gas exploration and production company, is headquartered in Sydney, New South Wales. Founded in 1994, Petsec has established a strong presence in the energy sector, focusing primarily on the development of oil and gas resources in the Gulf of Mexico and the onshore regions of the United States. The company is renowned for its commitment to sustainable energy practices and innovative exploration techniques, which set it apart in a competitive market. Petsec Energy's core services include the acquisition, exploration, and production of hydrocarbons, with a notable emphasis on maximising resource recovery. With a solid track record of operational success and strategic partnerships, Petsec Energy Ltd continues to strengthen its market position, contributing to the evolving landscape of the energy industry in Australia and beyond.
DitchCarbon Score
How does Petsec Energy Ltd'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
Petsec Energy Ltd's score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petsec Energy Ltd's reported carbon emissions
Petsec Energy Ltd, headquartered in Australia, currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, the company has not established any documented reduction targets or climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Given the lack of emissions data and reduction initiatives, Petsec Energy Ltd's climate strategy remains unclear. The absence of commitments may reflect a broader industry context where companies are increasingly pressured to disclose their environmental impact and set measurable targets for emissions reduction. As the energy sector evolves, it is crucial for companies like Petsec Energy Ltd to develop and communicate their climate strategies to align with global sustainability goals.
How Carbon Intensive is Petsec Energy Ltd's Industry?
How Carbon Intensive is Petsec Energy Ltd's Location?
Petsec Energy Ltd'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.
Petsec Energy Ltd 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.
