Seplat Energy
Seplat Energy Plc, a leading independent energy company, is headquartered in Nigeria (NG) and operates primarily in the oil and gas sector. Founded in 2009, Seplat has established itself as a key player in the Nigerian energy landscape, focusing on exploration, production, and distribution of hydrocarbons. The company’s major operational regions include the Niger Delta, where it has made significant strides in enhancing production capabilities. Seplat Energy is renowned for its commitment to sustainable practices and innovative solutions, offering a diverse range of services that include upstream oil and gas exploration and production, as well as gas processing and distribution. With a strong market position, Seplat has achieved notable milestones, including strategic partnerships and expansions that underscore its role in driving energy security in Nigeria.
DitchCarbon Score
How does Seplat Energy'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 Services Auxiliary to Financial Intermediation 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
Seplat Energy's score of 34 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Seplat Energy's reported carbon emissions
In 2023, Seplat Energy, headquartered in Nigeria (NG), reported total carbon emissions of approximately 567,555,500 kg CO2e. This figure includes 565,423,800 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,320,700 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. Notably, the Scope 1 emissions breakdown reveals 43,080,6500 kg CO2e from stationary combustion, 68,750,000 kg CO2e from process emissions, and 94,513,800 kg CO2e from fugitive emissions. In comparison, the 2022 emissions data indicated a total of approximately 728,000,000 kg CO2e, with Scope 1 emissions at 726,979,000 kg CO2e, Scope 2 at 972,000 kg CO2e, and Scope 3 emissions at 8,788,000 kg CO2e. This demonstrates a significant reduction in total emissions from 2022 to 2023. Seplat Energy has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from any parent or related organizations. The company is actively engaged in monitoring its emissions but has not yet established formal targets under frameworks such as the Science Based Targets initiative (SBTi). Overall, Seplat Energy's emissions data reflects its ongoing efforts to manage and report on its carbon footprint, although further commitments and reduction strategies would enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,422,396,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 772,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 10,723,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Seplat Energy is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
