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 14 is lower than 61% 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 646,908,000 kg CO2e, with Scope 1 emissions accounting for about 646,908,000 kg CO2e and Scope 2 emissions at approximately 1,195,000 kg CO2e. This represents a significant increase from 2022, when total emissions were about 488,206,000 kg CO2e, comprising approximately 487,622,000 kg CO2e in Scope 1 and 2,236,000 kg CO2e in Scope 2. Talos Energy has set ambitious climate commitments, aiming for a 21% reduction in absolute Scope 1 and Scope 2 emissions from a 2018 baseline by 2023. Additionally, they have established a medium-term goal to reduce absolute GHG emissions by 15% from the 2022 baseline by 2030. Furthermore, Talos is targeting a 30% reduction in Scope 1 GHG emissions intensity by 2025, with a stretch goal of 40% reduction, using 2018 levels as the baseline. The company has demonstrated progress in emissions intensity reduction, achieving an 8.6% decrease in Scope 1 GHG emissions intensity between 2020 and 2021, placing them in the top 20% of peers in this regard. However, no Scope 3 emissions data has been disclosed. Talos Energy's commitments and performance reflect a proactive approach to addressing climate change within the oil and gas sector, aligning with industry standards for sustainability and emissions reduction.
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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 | - | - | - | - | - | - |
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.
