Senex Energy Limited Sustainability Profile
Senex Energy Limited, commonly referred to as Senex, is a prominent Australian oil and gas exploration and production company headquartered in Brisbane, Queensland. Founded in 1980, Senex has established itself as a key player in the energy sector, primarily focusing on the development of natural gas resources in the Surat Basin and the Cooper Basin. The company is renowned for its commitment to sustainable energy practices and innovative extraction techniques, which set it apart in the competitive landscape. Senex's core services include the exploration, production, and development of natural gas, with a strong emphasis on delivering reliable energy solutions to both domestic and international markets. With a strategic focus on growth and operational efficiency, Senex Energy has achieved significant milestones, positioning itself as a leader in the Australian energy market. Its dedication to environmental stewardship and community engagement further enhances its reputation within the industry.
DitchCarbon Score
How does Senex Energy Limited'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 Natural Gas 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
Senex Energy Limited's score of 11 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Senex Energy Limited's reported carbon emissions
In 2024, Senex Energy Limited reported significant carbon emissions, totalling approximately 1,588,000,000 kg CO2e across all scopes. This includes 37,757,000 kg CO2e from Scope 1 emissions, primarily from fugitive emissions (1,885,000 kg CO2e) and stationary combustion (147,000 kg CO2e). Scope 2 emissions accounted for about 214,000 kg CO2e, while Scope 3 emissions were the largest contributor at approximately 1,584,691,000 kg CO2e, with the use of sold products being the predominant category at 1,275,267,000 kg CO2e. Comparatively, in 2023, the company reported total emissions of about 1,557,023,000 kg CO2e, with Scope 1 emissions at 26,766,000 kg CO2e and Scope 2 emissions at 149,000 kg CO2e. The Scope 3 emissions for that year were approximately 1,557,023,000 kg CO2e, indicating a slight increase in overall emissions. Senex Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is cascaded from its parent company, Senex Energy Pty Ltd, and is influenced by the broader corporate family relationship with Posco International Corporation and POSCO Holdings Inc. Overall, Senex Energy Limited's emissions profile highlights the significant impact of Scope 3 emissions, particularly from the use of sold products, underscoring the need for comprehensive strategies to address carbon emissions across its value chain.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 20,141,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 188,000 | 000,000 | 000,000 |
| Scope 3 | 821,146,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Senex Energy Limited's Industry?
How Carbon Intensive is Senex Energy Limited's Location?
Senex Energy Limited's Scope 3 Categories Breakdown
Senex Energy Limited's Scope 3 emissions, which increased by 26% last year and increased by approximately 63% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 96% of Scope 3 emissions.
Top Scope 3 Categories
Senex Energy Limited'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.
Senex Energy Limited 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.
