Talos Energy
Talos Energy, a prominent player in the US energy sector, is headquartered in Houston, Texas, with significant operations in the Gulf of Mexico. Founded in 2012, the company has rapidly established itself as a leader in the exploration and production of oil and natural gas, focusing on offshore resources. Talos Energy is renowned for its innovative approach to energy extraction, leveraging advanced technologies to enhance operational efficiency and sustainability. The company’s core services include the acquisition, exploration, and development of oil and gas properties, with a commitment to responsible resource management. With a strong market position, Talos Energy has achieved notable milestones, including successful drilling projects and strategic partnerships that bolster its growth trajectory. As a forward-thinking entity in the energy industry, Talos Energy continues to set benchmarks for excellence and environmental stewardship.
DitchCarbon Score
How does Talos 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 Gas/Diesel Oil 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
Talos Energy's score of 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Talos Energy's reported carbon emissions
In 2023, Talos Energy reported total carbon emissions of approximately 4,370,261,000 kg CO2e. This figure includes Scope 1 emissions of about 646,908,000 kg CO2e, Scope 2 emissions of approximately 1,195,000 kg CO2e, and significant Scope 3 emissions totalling around 3,722,158,000 kg CO2e. Notably, the Scope 3 emissions are primarily driven by categories such as employee commuting (about 1,894,742,000 kg CO2e) and upstream transportation and distribution (approximately 1,638,722,000 kg CO2e). Talos Energy has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 GHG emissions intensity by 2025, using 2018 levels as a baseline. This target includes a stretch goal of a 40% reduction. Additionally, the company has established a medium-term goal to reduce its absolute GHG emissions by 15% from the 2022 baseline by 2030. In the previous year, between 2020 and 2021, Talos achieved an 8.6% reduction in Scope 1 GHG emissions intensity, positioning itself in the top 20% of its peers for this metric. Overall, Talos Energy's emissions data and climate commitments reflect a proactive approach to reducing its carbon footprint while navigating the complexities of the oil and gas industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 549,088,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,636,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000,000 |
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.
Talos 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.
