Cue Energy Resources
Cue Energy Resources Limited, commonly referred to as Cue Energy, is a prominent player in the oil and gas industry, headquartered in Australia. Established in 1997, the company has made significant strides in exploration and production, primarily focusing on the Asia-Pacific region, including New Zealand and Indonesia. Cue Energy is renowned for its commitment to sustainable energy practices and innovative exploration techniques. The company’s core services encompass oil and gas exploration, development, and production, with a portfolio that includes several producing assets and exploration projects. Notably, Cue Energy has achieved a strong market position, recognised for its operational efficiency and strategic partnerships within the sector. With a focus on maximising resource potential, Cue Energy continues to contribute to the energy landscape while prioritising environmental stewardship.
DitchCarbon Score
How does Cue Energy Resources'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 Gas/Diesel Oil 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
Cue Energy Resources's score of 0 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cue Energy Resources's reported carbon emissions
In 2023, Cue Energy Resources, headquartered in Australia, reported total carbon emissions of approximately 8,442,000 kg CO2e for Scope 1 and about 293,100 kg CO2e for Scope 2. This reflects a slight increase in Scope 1 emissions from 8,311,000 kg CO2e in 2022, while Scope 2 emissions remained consistent. The company has not disclosed any Scope 3 emissions data. Despite the increase in emissions, Cue Energy Resources has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce their carbon footprint. The absence of Science-Based Targets Initiative (SBTi) reduction targets further highlights the need for enhanced climate action within the organisation. Overall, while Cue Energy Resources has made strides in reporting emissions, the lack of significant reduction initiatives or commitments suggests an opportunity for improvement in their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 8,720,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 340,400 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Cue Energy Resources 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.
