Ithaca Energy, a prominent player in the gas and diesel oil industry, is headquartered in Great Britain and operates primarily in the North Sea region. Founded in 2004, the company has achieved significant milestones, including successful acquisitions and the development of key oil and gas assets.
Specialising in the exploration and production of hydrocarbons, Ithaca Energy offers a unique portfolio of services that includes asset management and operational excellence. Their commitment to sustainability and innovation sets them apart in a competitive market.
With a strong market position, Ithaca Energy has garnered recognition for its efficient operations and strategic growth initiatives, solidifying its reputation as a leader in the energy sector.
-1 vs industry average
Ithaca Energy’s score of 18 is lower than 40% 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
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ithaca Energy's reported carbon emissions
Ithaca Energy, a UK-based company in the Gas/Diesel Oil industry, reported a total of approximately 435.5 million kg CO2e of Scope 1 emissions in 2023. Scope 2 emissions for the same year were approximately 270,000 kg CO2e. In 2022, Scope 1 emissions were about 482.6 million kg CO2e, with Scope 2 emissions at approximately 678,000 kg CO2e. For 2021, Scope 1 emissions totalled around 497.4 million kg CO2e and Scope 2 emissions were approximately 567,000 kg CO2e. In 2020, Ithaca Energy reported combined Scope 1 and 2 emissions of about 482.8 million kg CO2e. Ithaca Energy has set a near-term target to reduce all its Scope 1 and 2 CO2 and CO2 equivalent emissions from operated assets by 25% from 2019 levels by 2025. The company's data for Scope 3 emissions is not yet disclosed. It's important to note that Ithaca Energy's emissions data is cascaded from its ultimate parent company, Delek Group Ltd., with Ithaca Energy plc as the source organization at cascade level 0 for performance data. For CDP initiatives, data is sourced from Delek Group Ltd. at cascade level 3.
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Ithaca Energy’s Climate Goals (2030 & 2050)
1 goal2025
25% reduction in all scopes
Reduce all our Scope 1 and 2 CO₂ and CO₂ equivalent emissions of operated assets by 25% from 2019 levels in 2025
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Ithaca Energy
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