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 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.

35

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.

6

Industry Benchmark

Seplat Energy's score of 35 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

Seplat Energy's reported carbon emissions

In 2023, Seplat Energy reported total carbon emissions of approximately 565,423,800 kg CO2e from Scope 1, 1,165,000 kg CO2e from Scope 2, and 14,915,000 kg CO2e from Scope 3 emissions. This marks a significant reduction in Scope 1 emissions compared to previous years, where emissions were approximately 726,979,000 kg CO2e in 2021 and 1,265,135,000 kg CO2e in 2020. Seplat Energy has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its environmental impact. The emissions data indicates a trend towards lower emissions intensity, with a GHG intensity of approximately 27,900 kg CO2e per barrel of oil equivalent in 2023. Overall, while Seplat Energy has made strides in reducing its carbon footprint, further details on specific climate pledges or reduction targets are not available at this time.

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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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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