Public Profile

I3 Energy

I3 Energy, a prominent player in the UK energy sector, is headquartered in Great Britain and operates primarily in the North Sea region. Founded in 2014, the company has quickly established itself in the oil and gas industry, focusing on exploration and production activities. I3 Energy is known for its innovative approach to resource management, offering unique solutions that enhance operational efficiency and sustainability. With a portfolio that includes both conventional and unconventional hydrocarbon resources, I3 Energy stands out for its commitment to responsible energy development. The company has achieved significant milestones, including successful drilling campaigns and strategic acquisitions, positioning itself as a competitive force in the market. As it continues to expand its footprint, I3 Energy remains dedicated to delivering value while prioritising environmental stewardship.

DitchCarbon Score

How does I3 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.

28

Industry Average

Mean score of companies in the Electricity Transmission 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.

26

Industry Benchmark

I3 Energy's score of 28 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

I3 Energy's reported carbon emissions

In 2023, I3 Energy reported total carbon emissions of approximately 4,268,000 kg CO2e for Scope 1, 660,000 kg CO2e for Scope 2, and 8,971,000 kg CO2e for Scope 3 emissions. This reflects a significant focus on managing their carbon footprint across various operational scopes. In 2022, the company had total emissions of about 1,273,000 kg CO2e for Scope 1, 4,500,000 kg CO2e for Scope 2, and 3,409,000 kg CO2e for Scope 3, indicating a shift in their emissions profile. The previous year, 2021, saw higher emissions, with Scope 1 at approximately 186,097,000 kg CO2e and Scope 2 at 5,265,000 kg CO2e, showcasing a trend towards reduction. Despite these figures, I3 Energy has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the petroleum and natural gas sector, which is under increasing scrutiny for its environmental impact, making their emissions data particularly relevant in the context of global climate commitments. Overall, I3 Energy's emissions data highlights the ongoing challenges and opportunities in reducing carbon emissions within the energy sector, particularly as they navigate the complexities of Scope 1, 2, and 3 emissions.

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Add to project
2020202120222023
Scope 1
98,927,000
000,000,000
0,000,000
0,000,000
Scope 2
3,940,000
0,000,000
0,000,000
000,000
Scope 3
-
-
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. I3 Energy's primary industry is Transmission services of electricity, which is 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. I3 Energy is headquartered in GB, which has a rank of low, indicating low 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.

I3 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers