I3 Energy Sustainability Profile
I3 Energy, a prominent player in the oil and gas sector, is headquartered in Great Britain and operates primarily in the North Sea region. Founded in 2014, the company has quickly established itself as a key contributor to the energy industry, focusing on the exploration and production of hydrocarbons. I3 Energy is renowned for its innovative approach to asset management and development, particularly in the UK Continental Shelf. The company’s core offerings include oil and gas exploration, production optimisation, and strategic asset acquisition, setting it apart through its commitment to sustainable practices and operational efficiency. With a strong market position, I3 Energy has achieved significant milestones, including successful drilling campaigns and the acquisition of valuable assets, reinforcing its reputation as a forward-thinking energy company dedicated to delivering value in a competitive landscape.
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.
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.
Industry Benchmark
I3 Energy's score of 25 is lower 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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I3 Energy's reported carbon emissions
In 2024, I3 Energy reported total carbon emissions of approximately 8,722,000 kg CO2e for Scope 1 and about 10,858,000 kg CO2e for Scope 2, resulting in a combined total of around 19,580,000 kg CO2e for both scopes. This marks a slight decrease from 2023, where emissions were approximately 9,033,000 kg CO2e for Scope 1 and about 10,545,000 kg CO2e for Scope 2, leading to a total of around 19,576,000 kg CO2e. Over the past few years, I3 Energy has shown fluctuations in its emissions, with 2022 figures indicating approximately 6,513,000 kg CO2e for Scope 1 and about 10,453,000 kg CO2e for Scope 2, culminating in a total of around 16,966,000 kg CO2e. The highest recorded emissions were in 2021, with Scope 1 emissions at approximately 186,097,000 kg CO2e and Scope 2 at about 5,265,000 kg CO2e, resulting in a total of around 191,362,000 kg CO2e. I3 Energy has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company operates as a current subsidiary of i3 Energy Plc, with emissions data cascaded from this parent organization. The data reflects the company's ongoing efforts to monitor and report its carbon footprint, although no specific science-based targets (SBTi) or climate pledges have been established. Overall, I3 Energy's emissions data highlights the company's commitment to transparency in its environmental impact, while the absence of defined reduction targets suggests an area for potential future development in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 98,927,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,940,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is I3 Energy's Industry?
How Carbon Intensive is I3 Energy's Location?
I3 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.
I3 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.
