Public Profile

I3 Energy

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.

20

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.

18

Industry Benchmark

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.

76%

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I3 Energy's reported carbon emissions

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.

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2020202120222023
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

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 medium 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 I3 Energy is in GB, which has a 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.

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.

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

Where does DitchCarbon data come from?

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