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.
-7 vs industry average
Iog’s score of 25 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Iog's reported carbon emissions
In 2023, IOG plc reported total carbon emissions of approximately 11,484,000 kg CO2e, comprising 206,800 kg CO2e from Scope 1, 4,962,100 kg CO2e from Scope 2, and 11,484,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive assessment of their carbon footprint across all relevant scopes. Comparatively, in 2022, IOG's emissions were approximately 3,453,000 kg CO2e from Scope 3, 396,000 kg CO2e from Scope 1, and 4,168,000 kg CO2e from Scope 2, indicating a significant increase in total emissions year-on-year. The emissions for 2021 were approximately 5,191,000 kg CO2e, with no Scope 3 data reported for that year. Despite the increase in emissions, IOG has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company does not appear to be part of any major climate initiatives such as RE100 or CA100, nor does it have a climate pledge in place. As IOG continues to navigate its environmental impact, the focus on transparency in emissions reporting will be crucial for aligning with industry standards and addressing climate change effectively.
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Iog’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Iog yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Iog
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