Public Profile

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 local energy supply. Seplat Energy is renowned for its commitment to sustainable practices and innovative solutions, offering a diverse portfolio of services that includes oil and gas production, gas processing, and power generation. With a strong market position, Seplat has achieved notable milestones, such as being the first Nigerian company to list on the London Stock Exchange, underscoring its prominence in the industry.

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.

40

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.

32

Industry Benchmark

Seplat Energy's score of 40 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Seplat Energy's reported carbon emissions

In 2023, Seplat Energy reported total carbon emissions of approximately 582 million tonnes CO2e, comprising 565 million tonnes from Scope 1, about 1.2 million tonnes from Scope 2, and approximately 15 million tonnes from Scope 3 emissions. This data highlights the company's significant operational footprint, particularly in Scope 1 emissions, which primarily arise from direct operations such as stationary combustion. Despite the substantial emissions figures, Seplat Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction strategies or climate pledges. This lack of formal commitments may reflect the broader industry context, where many energy companies are under increasing pressure to enhance their sustainability practices and reduce greenhouse gas emissions. Seplat Energy's emissions intensity, measured in terms of greenhouse gas emissions per barrel of oil equivalent, has varied over the years, with a notable intensity of approximately 27,900 tonnes CO2e in 2023. The company continues to operate within a challenging environment, balancing energy production with the need for climate responsibility.

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Add to project
20162017201820192020202120222023
Scope 1
100,000
000,000
000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
000,000
000,000
000,000
0,000,000
0,000,000
Scope 3
-
-
-
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Seplat Energy's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Seplat Energy is headquartered in NG, which has a rank of medium, indicating medium grid carbon 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 committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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