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Crude Oil Extraction
AU
updated 2 months ago

Prominence Energy Ltd Sustainability Profile

Company website

Prominence Energy Ltd, an innovative player in the Australian energy sector, is headquartered in Australia and operates primarily in the oil and gas industry. Founded in 2009, the company has made significant strides in developing sustainable energy solutions, focusing on exploration and production in key regions across Australia. With a commitment to harnessing advanced technologies, Prominence Energy offers unique services in hydrocarbon exploration and development, setting itself apart through its strategic partnerships and emphasis on environmental responsibility. The company has achieved notable milestones, including successful drilling projects that enhance its market position within the competitive energy landscape. As a forward-thinking entity, Prominence Energy Ltd continues to drive progress in the energy sector, contributing to a more sustainable future.

DitchCarbon Score

How does Prominence 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.

0

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.

13

Industry Benchmark

Prominence Energy Ltd's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

4%

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Prominence Energy Ltd's reported carbon emissions

Prominence Energy Ltd, headquartered in Australia, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that Prominence Energy Ltd may still be in the early stages of developing a comprehensive climate strategy. As the energy sector increasingly prioritises sustainability, it will be essential for the company to establish measurable targets and initiatives to align with industry standards and expectations.

How Carbon Intensive is Prominence Energy Ltd's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Prominence Energy Ltd's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Prominence Energy Ltd's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Prominence Energy Ltd is in AU, which has a very high grid carbon intensity relative to other regions.

Prominence 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.

Prominence 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Prominence Energy Ltd's Emissions with Industry Peers

Conocophillips

US
•
Gas/Diesel Oil
Updated 3 days ago

Pancontinental Energy NL

AU
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Woodside Energy

AU
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 4 days ago

Chevron

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Equinor

NO
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Royal Dutch Shell

GB
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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