Pharos Energy
Pharos Energy, a prominent player in the oil and gas industry, is headquartered in Great Britain and operates primarily in the North Sea and Southeast Asia. Founded in 2018, the company has quickly established itself as a key independent exploration and production firm, focusing on the development of oil and gas resources in underexplored regions. With a commitment to sustainable practices, Pharos Energy offers a range of services, including exploration, production, and asset management. Their unique approach combines innovative technology with a strong emphasis on environmental responsibility, setting them apart in a competitive market. Recognised for their strategic acquisitions and operational efficiency, Pharos Energy continues to strengthen its market position, aiming to deliver long-term value to stakeholders while contributing to the energy transition.
DitchCarbon Score
How does Pharos 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
Pharos Energy's score of 18 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pharos Energy's reported carbon emissions
In 2023, Pharos Energy reported total carbon emissions of approximately 747,978,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 747,978,000 kg CO2e. Scope 1 emissions were approximately 86,094,000 kg CO2e, and Scope 2 emissions were about 40,000 kg CO2e. Over the previous years, Pharos Energy has shown a trend of decreasing emissions in Scope 1 and 2. In 2022, the total emissions were approximately 109,539,000 kg CO2e, with Scope 1 at about 104,881,000 kg CO2e and Scope 2 at 38,000 kg CO2e. In 2021, the total emissions were around 112,024,000 kg CO2e, with Scope 1 emissions of approximately 107,023,000 kg CO2e and Scope 2 at about 37,000 kg CO2e. Despite these reductions, Pharos Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions and aims to improve its carbon intensity, which was reported at approximately 0.281 tonnes CO2e per 1,000 tonnes of oil produced in 2023. Pharos Energy's commitment to addressing climate change is evident through its emissions reporting, although further details on specific climate commitments or reduction strategies are not available.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 115,294,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 48,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | 000,000,000 |
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.
Pharos Energy is not committed to any reduction initiatives 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.
