Public Profile

Panoro Energy

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.

23

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.

21

Industry Benchmark

Panoro Energy's score of 23 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Panoro Energy's reported carbon emissions

In 2023, Panoro Energy reported total carbon emissions of approximately 158,881,000 kg CO2e. This figure includes about 152,849,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and approximately 5,329,000 kg CO2e from Scope 2 emissions, related to purchased electricity and heat. Comparatively, in 2022, the company recorded total emissions of about 152,849,000 kg CO2e, with Scope 1 emissions at approximately 158,881,000 kg CO2e and Scope 2 emissions at around 4,417,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Panoro Energy has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of detailed climate pledges or science-based targets suggests that the company may still be in the early stages of formalising its climate strategy. Overall, while Panoro Energy has made strides in tracking its emissions, further commitments and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.

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2020202120222023
Scope 1
-
000,000,000
000,000,000
000,000,000
Scope 2
3,390,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Panoro Energy's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Panoro Energy is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Panoro 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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