Var Energi

Var Energi's reported carbon emissions

Var Energi, headquartered in NO and operating in the Gas/Diesel Oil industry, reported a total of approximately 84 billion kg CO2e in 2022. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For the reporting year 2022, Var Energi's Scope 1 emissions were approximately 181 billion kg CO2e, and Scope 2 emissions (market-based) were approximately 171 billion kg CO2e, with location-based Scope 2 emissions at about 4.6 billion kg CO2e. Scope 3 emissions for the same year totalled approximately 8.1 billion kg CO2e, with the largest contributor being the use of sold products at approximately 8.1 billion kg CO2e. Other significant Scope 3 categories included downstream transportation and distribution at approximately 82 billion kg CO2e, and purchased goods and services at approximately 86 billion kg CO2e. In 2023, Var Energi reported Scope 1 emissions of approximately 54 billion kg CO2e and Scope 2 emissions of approximately 1.1 billion kg CO2e. For 2024, Scope 1 emissions were approximately 44 billion kg CO2e, with Scope 2 emissions at approximately 1.9 billion kg CO2e. Var Energi's climate commitments are derived from its ultimate parent company, Eni S.p.A., reflecting a corporate family relationship. The company has committed to initiatives such as CA100+ through its relationship with Eni S.p.A. at cascade level 2. While specific reduction targets for Var Energi are not detailed in the provided data, the company's reporting indicates a focus on disclosing emissions across multiple scopes, including Scope 1, 2, and 3 where data is available.