Iog Sustainability Profile
Iog, officially known as IOG plc, is a prominent player in the UK energy sector, headquartered in Great Britain. Founded in 2014, the company has rapidly established itself in the oil and gas industry, focusing on the development and production of natural gas from the UK Continental Shelf. With significant operations in the Southern North Sea, Iog has achieved key milestones, including successful gas field developments that underscore its commitment to sustainable energy solutions. The company’s core offerings include the development of gas assets and innovative production techniques, setting it apart in a competitive market. Iog's strategic approach has positioned it as a notable contender in the energy landscape, with a focus on delivering reliable and efficient energy solutions while prioritising environmental responsibility.
DitchCarbon Score
How does Iog'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
Iog's score of 28 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iog's reported carbon emissions
In 2022, IOG plc reported total carbon emissions of approximately 1,144,000 kg CO2e, which falls under Scope 1 emissions. This figure represents a significant increase from 2021, when the company recorded about 239,000 kg CO2e in Scope 1 emissions. The total emissions for Scope 1 and 2 combined in 2022 were approximately 1,383,000 kg CO2e. Despite the increase in emissions, IOG has not set specific reduction targets or initiatives as part of their climate commitments. There are currently no climate pledges or SBTi (Science Based Targets initiative) reduction targets disclosed. The absence of these commitments suggests that IOG plc may be in the early stages of developing a comprehensive climate strategy. The emissions data is not cascaded from any parent organization, indicating that IOG plc is independently reporting its emissions without influence from a corporate family relationship.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 239,000 | 0,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
How Carbon Intensive is Iog's Industry?
How Carbon Intensive is Iog's Location?
Iog'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.
Iog 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.
