Panoro Energy Sustainability Profile
Panoro Energy ASA, commonly referred to as Panoro Energy, is a prominent independent oil and gas company headquartered in Norway. Established in 2009, the company has made significant strides in the energy sector, focusing primarily on exploration and production activities in West Africa and the North Sea. Panoro Energy is renowned for its strategic asset portfolio, which includes interests in several producing fields and development projects. The company’s commitment to sustainable practices and operational excellence sets it apart in a competitive market. With a strong emphasis on maximising resource potential, Panoro Energy has achieved notable milestones, enhancing its position as a key player in the oil and gas industry.
DitchCarbon Score
How does Panoro 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 Electricity from Other Sources 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
Panoro Energy's score of 42 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Panoro Energy's reported carbon emissions
In 2024, Panoro Energy, headquartered in Norway, reported total carbon emissions of approximately 1,500,286,000 kg CO2e. This figure includes 142,656,000 kg CO2e from Scope 1 emissions, 5,700,000 kg CO2e from Scope 2 emissions, and a significant 1,351,930,000 kg CO2e from Scope 3 emissions. The company has set a near-term reduction target to decrease its Scope 1 emissions by about 47,900 metric tons CO2e by 2030, which represents a 31% reduction from its 2023 levels. This commitment is part of Panoro Energy's broader strategy to contribute to global decarbonisation efforts and ensure the sustainability of its operations. In previous years, Panoro Energy's emissions were as follows: in 2023, total emissions were approximately 1,080,000,000 kg CO2e, with Scope 1 at 152,849,000 kg CO2e, Scope 2 at 5,426,000 kg CO2e, and Scope 3 at 1,018,814,000 kg CO2e. In 2022, the total was about 1,030,361,000 kg CO2e, with Scope 1 emissions at 158,881,000 kg CO2e and Scope 2 at 4,417,000 kg CO2e. Panoro Energy's emissions data is independently reported and not cascaded from any parent organization. The company actively engages in climate initiatives, aiming to align its operations with industry standards for emissions reduction.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,390,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Panoro Energy's Industry?
How Carbon Intensive is Panoro Energy's Location?
Panoro Energy'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.
Panoro Energy 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.
