Kosmos Energy
Kosmos Energy Ltd., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations in West Africa and the Gulf of Mexico. Founded in 2003, the company has achieved notable milestones, including successful exploration and production ventures that have positioned it as a leader in the sector. Specialising in deepwater exploration and production, Kosmos Energy is recognised for its innovative approach to resource development, particularly in emerging markets. The company’s core services include oil and gas exploration, production, and development, with a focus on sustainable practices and technological advancements that enhance efficiency. With a strong market presence, Kosmos Energy has garnered attention for its strategic partnerships and successful projects, solidifying its reputation as a forward-thinking energy company committed to delivering value while prioritising environmental stewardship.
DitchCarbon Score
How does Kosmos 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.
Industry Average
Mean score of companies in the Crude Oil Extraction 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
Kosmos Energy's score of 34 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kosmos Energy's reported carbon emissions
In 2023, Kosmos Energy reported total carbon emissions of approximately 24,913,000 kg CO2e from Scope 1 and 2 sources, with Scope 1 emissions alone accounting for about 23,913,000 kg CO2e. The company also recorded Scope 2 emissions of approximately 1,012,000 kg CO2e (market-based) and 1,018,000 kg CO2e (location-based). Additionally, Scope 3 emissions from business travel were about 391,000 kg CO2e. Kosmos Energy has made significant climate commitments, aiming for carbon neutrality in its operated Scope 1 and Scope 2 emissions by 2030 or sooner. This goal was initially set in early 2020, and the company achieved carbon neutrality in 2021, maintaining this status since then. Furthermore, Kosmos has set a target to reduce absolute Scope 1 equity emissions by 25% by 2026, using 2022 as a baseline. Overall, Kosmos Energy demonstrates a proactive approach to managing its carbon footprint, with clear reduction targets and a commitment to sustainability in the oil and gas sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 109,309,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,026,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,019,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
Kosmos 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.
