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Ring Energy, Inc., a prominent player in the transmission services of electricity sector, is headquartered in the United States. Founded in 2011, the company has established itself as a key provider of energy solutions, primarily focusing on the transmission and distribution of electrical power across various regions.
With a commitment to delivering reliable and efficient services, Ring Energy offers a range of core products, including advanced transmission infrastructure and innovative energy management solutions. Their unique approach combines cutting-edge technology with a customer-centric focus, setting them apart in a competitive market.
Recognised for their operational excellence, Ring Energy has achieved significant milestones, positioning themselves as a trusted partner in the energy sector. Their dedication to sustainability and efficiency continues to drive their growth and influence within the industry.
-22 vs industry average
Ring Energy’s score of 5 is lower than 11% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity Transmission is among the most carbon-intensive industries
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Ring Energy, headquartered in the US and operating in transmission services of electricity, reported its greenhouse gas emissions for the fiscal years 2020 to 2023.
In 2023, the company's Scope 1 emissions were approximately 111,920,000 kg CO2e, with fugitive emissions accounting for about 2,310,000 kg CO2e. Scope 2 emissions were approximately 81,623,000 kg CO2e. The total Scope 1 and 2 emissions for 2023 amounted to approximately 193,551,000 kg CO2e. Ring Energy did not disclose Scope 3 emissions for this year.
For 2022, Ring Energy reported Scope 1 emissions of approximately 272,367,000 kg CO2e, including about 3,692,000 kg CO2e of fugitive emissions. Scope 2 emissions were approximately 62,842,000 kg CO2e. The combined Scope 1 and 2 emissions totalled approximately 335,282,000 kg CO2e. Scope 3 emissions were not disclosed.
In 2021, the company's Scope 1 emissions were approximately 121,739,000 kg CO2e, with fugitive emissions at about 1,915,000 kg CO2e. Scope 2 emissions were approximately 59,837,000 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 181,653,000 kg CO2e. Scope 3 emissions were not disclosed.
For 2020, Ring Energy reported Scope 1 emissions of approximately 113,690,000 kg CO2e, including about 6,841,000 kg CO2e of fugitive emissions. Scope 2 emissions were approximately 60,423,000 kg CO2e. The total for Scope 1 and 2 emissions was approximately 174,113,000 kg CO2e. Scope 3 emissions were not disclosed.
Ring Energy has not disclosed any specific reduction targets or initiatives in the provided information. The company's reporting currently covers Scope 1 and Scope 2 emissions, with missing data points for Scope 3, particularly regarding fuel and energy-related activities.
Access structured emission data, company specific factors and auditable source documents
No climate goals have been disclosed for Ring Energy yet.
No scope 3 category breakdown has been disclosed yet.


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