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 64% 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 1.5 billion kg CO2e. This figure includes Scope 1 emissions of about 142.7 million kg CO2e, Scope 2 emissions of approximately 5.7 million kg CO2e, and Scope 3 emissions of around 1.4 billion kg CO2e. The company has set a near-term target to reduce its Scope 1 emissions by 47,900 metric tons CO2e by 2030, which represents a reduction of about 31% from its 2023 levels. This commitment underscores Panoro Energy's dedication to contributing to global decarbonisation efforts and ensuring the sustainability of its operations. Over the past few years, Panoro Energy's emissions have shown fluctuations, with total emissions recorded at approximately 1.2 billion kg CO2e in 2023, 1.2 billion kg CO2e in 2022, and 432 million kg CO2e in 2021. The company has disclosed emissions data for all three scopes, demonstrating transparency in its climate impact reporting. Panoro Energy's initiatives align with industry standards for climate action, reflecting a proactive approach to managing and reducing carbon emissions.
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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.
