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.
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.
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.
I3 Energy's score of 20 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, I3 Energy reported total carbon emissions of approximately 12,000,000 kg CO2e, comprising 4,268,000 kg CO2e from Scope 1, 660,000 kg CO2e from Scope 2, and 8,971,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to 2022, where the company recorded about 4,000,000 kg CO2e, with 1,273,000 kg CO2e from Scope 1 and 3,409,000 kg CO2e from Scope 3. In 2021, I3 Energy's emissions were approximately 11,000,000 kg CO2e, with Scope 1 emissions of about 116,000,000 kg CO2e (including fugitive emissions of 3,580,000 kg CO2e) and Scope 2 emissions of 5,265,000 kg CO2e. The 2020 emissions were lower, at around 5,000,000 kg CO2e, with Scope 1 emissions of 50,215,000 kg CO2e and Scope 2 emissions of 3,940,000 kg CO2e. Despite the fluctuations in emissions, I3 Energy has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address their carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 50,233,370 | 000,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 3,940,000 | 0,000,000 | - | 000,000 |
Scope 3 | - | - | 0,000,000 | 0,000,000 |
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 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.