Pharos Energy, a prominent player in the gas and diesel oil 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 contributor to energy production, focusing on exploration and production of oil and gas resources.
Pharos Energy is renowned for its commitment to sustainable practices and innovative technologies, which enhance efficiency and reduce environmental impact. The company’s core offerings include upstream oil and gas exploration, production, and development, setting it apart in a competitive market. With a strong emphasis on operational excellence, Pharos Energy has achieved significant milestones, positioning itself as a reliable partner in the energy sector.
+17 vs industry average
Pharos Energy’s score of 36 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Pharos Energy's reported carbon emissions
Pharos Energy, an organisation operating in the Gas/Diesel Oil industry and headquartered in Great Britain, has disclosed its carbon emissions across various scopes. For the reporting year 2024, Pharos Energy reported a total of approximately 181.8 million kg CO2e across scopes 1, 2, and 3. This figure comprises approximately 109.6 million kg CO2e for Scope 1, approximately 0.26 million kg CO2e for Scope 2 (market-based), and a significant portion from Scope 3, which totalled approximately 71.9 million kg CO2e. Key contributors to Scope 3 emissions in 2024 included the use of sold products (approximately 72.8 million kg CO2e) and purchased goods and services (approximately 35.1 million kg CO2e). In 2023, the company's total emissions were approximately 259.8 million kg CO2e. Scope 1 emissions amounted to approximately 106.8 million kg CO2e, while Scope 2 (market-based) was approximately 0.19 million kg CO2e. Scope 3 emissions in 2023 were approximately 152.8 million kg CO2e, with the use of sold products and purchased goods and services being the largest components. For 2022, Pharos Energy's disclosed emissions cover Scope 1 and Scope 2, totalling approximately 104.9 million kg CO2e. Scope 1 emissions were approximately 104.9 million kg CO2e, with Scope 2 emissions at approximately 0.04 million kg CO2e. Scope 3 data was not disclosed for this year. Prior to 2022, emissions reporting primarily focused on Scope 1 and Scope 2. In 2021, total Scope 1 and 2 emissions were approximately 107.1 million kg CO2e, with Scope 1 being the dominant contributor at approximately 107.0 million kg CO2e. For 2020, total Scope 1 and 2 emissions were approximately 115.3 million kg CO2e, with Scope 1 emissions at approximately 115.3 million kg CO2e. No Scope 3 data was disclosed for these years. Pharos Energy has set near-term reduction targets, aiming for a 5% reduction by 2026 and a 15% reduction by 2030, encompassing all scopes. The company's reporting indicates it is on track for these targets.
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Pharos Energy’s Climate Goals (2030 & 2050)
1 goal2030
5% reduction in all scopes
2026: 5% reduction • 2030: 15% reduction
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Pharos Energy
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