Premier Oil plc Sustainability Profile
Premier Oil plc, a prominent player in the oil and gas industry, is headquartered in Great Britain. Founded in 1934, the company has established a strong presence in key operational regions, including the North Sea, Southeast Asia, and Latin America. Premier Oil focuses on exploration, development, and production of hydrocarbons, with a commitment to sustainable practices and innovation. The company is known for its strategic asset portfolio, which includes both conventional and unconventional resources, setting it apart in a competitive market. Premier Oil has achieved significant milestones, including successful exploration projects and partnerships that enhance its market position. With a reputation for operational excellence and a forward-thinking approach, Premier Oil plc continues to be a vital contributor to the energy sector.
DitchCarbon Score
How does Premier Oil plc'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
Premier Oil plc's score of 19 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Premier Oil plc, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The company is a merged entity and inherits its emissions data from Harbour Energy plc, which is at a cascade level of 1. As such, Premier Oil's climate commitments and reduction initiatives are closely aligned with those of Harbour Energy. At this time, Premier Oil plc has not established specific reduction targets or climate pledges, nor does it have any data reported through the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests that the company may still be in the process of developing its climate strategy. As part of the broader industry context, Premier Oil's commitment to addressing climate change will likely evolve as it aligns with the sustainability goals of its parent organization. The company is expected to adopt industry-standard climate terminology and practices as it progresses in its environmental commitments.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,039,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 773,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000 | 000,000 | 000,000 | 000,000,000 | 00,000,000,000 |
How Carbon Intensive is Premier Oil plc's Industry?
How Carbon Intensive is Premier Oil plc's Location?
Premier Oil plc'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.
Premier Oil plc 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.
