TRAC Energy Sustainability Profile
TRAC Energy, headquartered in Great Britain, is a leading provider of energy solutions, specialising in the oil and gas sector. Founded in 2005, the company has established a strong presence in key operational regions, including Europe, the Middle East, and Africa. With a focus on innovative technologies and services, TRAC Energy offers a range of core products, including well intervention, subsea services, and asset integrity management. Their commitment to safety and efficiency sets them apart in a competitive market. Recognised for their expertise, TRAC Energy has achieved significant milestones, positioning themselves as a trusted partner for major energy companies. Their dedication to sustainability and operational excellence continues to drive their success in the ever-evolving energy landscape.
DitchCarbon Score
How does TRAC 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 Business Services 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
TRAC Energy's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TRAC Energy's reported carbon emissions
In 2023, TRAC Energy reported total carbon emissions of approximately 2,662,400 kg CO2e, comprising 281,200 kg CO2e from Scope 1, 131,000 kg CO2e from Scope 2, and a significant 2,250,200 kg CO2e from Scope 3 emissions. This data reflects a comprehensive disclosure of their emissions across all relevant scopes. The company has set an ambitious target to reduce its Scope 1 and 2 emissions by 46% from baseline figures established in 2019, aiming for completion by 2030. This commitment underscores TRAC Energy's dedication to mitigating its carbon footprint and aligning with industry standards for climate action. In 2022, TRAC Energy's total emissions were reported at approximately 134,500 kg CO2e, with Scope 1 emissions at 40,000 kg CO2e, Scope 2 at 5,900 kg CO2e, and Scope 3 at 88,600 kg CO2e. This indicates a significant increase in emissions in 2023, particularly in Scope 3, which is often the largest contributor to total emissions for many organisations. TRAC Energy is a current subsidiary of Zedcor Energy Services, and its emissions data may reflect broader corporate strategies and initiatives. The company is actively working towards its reduction targets, demonstrating a commitment to sustainability and responsible energy practices.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 40,000 | 000,000 |
| Scope 2 | 5,900 | 000,000 |
| Scope 3 | 88,600 | 0,000,000 |
How Carbon Intensive is TRAC Energy's Industry?
How Carbon Intensive is TRAC Energy's Location?
TRAC Energy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
TRAC Energy has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
