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 37 is higher than 76% 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 reported total carbon emissions of approximately 565,423,800 kg CO2e for Scope 1, 1,165,000 kg CO2e for Scope 2, and 14,915,000 kg CO2e for Scope 3 emissions. This reflects a significant reduction in Scope 1 emissions compared to previous years, where emissions were approximately 914,887,000 kg CO2e in 2022, 726,979,000 kg CO2e in 2021, and 1,265,135,000 kg CO2e in 2020. Seplat Energy has disclosed emissions across all three scopes, demonstrating transparency in their reporting. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company continues to focus on improving its emissions intensity, with a reported GHG intensity of approximately 27,900 kg CO2e per barrel of oil equivalent in 2023. Overall, Seplat Energy's emissions data indicates a positive trend towards reducing their carbon footprint, aligning with industry standards for climate accountability.
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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 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,723,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
