Ratio Petroleum Energy - Limited Partnership Sustainability Profile
Ratio Petroleum Energy - Limited Partnership, headquartered in Illinois, is a prominent player in the energy sector, specialising in oil and gas exploration and production. Founded in 2005, the company has established a strong presence in key operational regions across North America, focusing on innovative extraction techniques and sustainable practices. With a commitment to delivering high-quality energy solutions, Ratio Petroleum offers a range of services, including drilling, reservoir management, and environmental stewardship. Their unique approach combines advanced technology with a dedication to minimising environmental impact, setting them apart in a competitive market. Recognised for their operational excellence, Ratio Petroleum has achieved significant milestones, positioning themselves as a trusted partner in the energy industry. Their focus on efficiency and sustainability continues to drive their growth and reputation as a leader in the field.
DitchCarbon Score
How does Ratio Petroleum Energy - Limited Partnership'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
Ratio Petroleum Energy - Limited Partnership's score of 21 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ratio Petroleum Energy - Limited Partnership's reported carbon emissions
In 2023, Ratio Petroleum Energy - Limited Partnership reported total carbon emissions of approximately 16,623,500 kg CO2e, with 29,500 kg CO2e attributed to Scope 1 emissions and 15,963,000 kg CO2e from Scope 3 emissions. Notably, there were no Scope 2 emissions recorded for this year. Comparatively, in 2022, the company emitted about 17,436,000 kg CO2e, which included 33,000 kg CO2e in Scope 1 and 17,436,000 kg CO2e in Scope 3, alongside 38,940 kg CO2e in Scope 2. In 2021, the total emissions were approximately 17,430,000 kg CO2e, with 47,000 kg CO2e from Scope 1, 25,000 kg CO2e from Scope 2, and 17,358,000 kg CO2e from Scope 3. Despite these figures, Ratio Petroleum Energy - Limited Partnership has not established any specific reduction targets or climate pledges, indicating a potential area for improvement in their climate strategy. The emissions data is not cascaded from any parent organization, reflecting the company's independent reporting.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 47,000 | 00,000 | 00,000 |
| Scope 2 | 25,000 | 00,000 | - |
| Scope 3 | 17,358,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Ratio Petroleum Energy - Limited Partnership's Industry?
How Carbon Intensive is Ratio Petroleum Energy - Limited Partnership's Location?
Ratio Petroleum Energy - Limited Partnership'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.
Ratio Petroleum Energy - Limited Partnership 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.
