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Crude Oil Extraction
GB
updated 2 months ago

The Parkmead Group plc

Company website

The Parkmead Group plc, commonly referred to as Parkmead, is a prominent independent oil and gas company headquartered in Great Britain. Founded in 2000, the company has established a strong presence in the North Sea and other key operational regions, focusing on exploration, development, and production of hydrocarbons. Specialising in oil and gas exploration, Parkmead is recognised for its strategic acquisitions and innovative approach to resource development. The company’s portfolio includes a range of assets that highlight its commitment to sustainable practices and operational efficiency. Notable achievements include significant discoveries and partnerships that enhance its market position within the energy sector. With a dedicated team and a forward-thinking strategy, Parkmead continues to make strides in the competitive landscape of the oil and gas industry.

DitchCarbon Score

How does The Parkmead Group plc'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.

3

Industry Average

Mean score of companies in the Crude Oil Extraction 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.

11

Industry Benchmark

The Parkmead Group plc's score of 3 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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The Parkmead Group plc's reported carbon emissions

The Parkmead Group plc, headquartered in Great Britain, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. As a result, there is no information on their Scope 1, 2, or 3 emissions, nor any significant achievements in carbon reduction initiatives. The absence of data suggests that The Parkmead Group may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the industry, it is increasingly important for companies to set measurable climate commitments and targets to align with global sustainability goals. Without specific emissions data or reduction initiatives, The Parkmead Group's climate commitments remain unclear.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Parkmead Group plc's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high 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. This request for The Parkmead Group plc is in GB, which has a very low grid carbon intensity relative to other regions.

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.

The Parkmead Group plc 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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