Energean PLC, a prominent player in the oil and gas industry, is headquartered in the United Kingdom. Founded in 2007, the company has rapidly established itself as a key operator in the Eastern Mediterranean, with significant operations in Israel, Greece, and Egypt. Energean focuses on the exploration and production of hydrocarbons, leveraging advanced technologies to enhance efficiency and sustainability. The company is renowned for its flagship asset, the Karish gas field, which is pivotal in meeting regional energy demands. Energean's commitment to responsible energy production and its strategic investments in renewable energy initiatives set it apart in a competitive market. With a strong emphasis on innovation and environmental stewardship, Energean continues to solidify its position as a leader in the transition towards a more sustainable energy future.
How does Energean'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.
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.
Energean's score of 16 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Energean reported total carbon emissions of approximately 22,825,200,000 kg CO2e, comprising Scope 1 emissions of about 428,252,000 kg CO2e, Scope 2 emissions of approximately 8,245,000 kg CO2e (market-based), and significant Scope 3 emissions of about 22,500,000,000 kg CO2e, primarily from the use of sold products. For 2022, Energean's emissions included approximately 249,622,000 kg CO2e for Scope 1, 739,000 kg CO2e for Scope 2 (market-based), and around 8,000,000,000 kg CO2e for Scope 3. The company has set ambitious targets to reduce carbon emissions intensity by more than 85% for both Scope 1 and Scope 2 emissions between 2019 and 2025. Energean's carbon emissions intensity for Scope 1 and 2 in 2023 was reported at about 0.004 kg CO2e/boe, a reduction from approximately 0.0079 kg CO2e/boe in 2024. The company is committed to enhancing its sustainability practices and reducing its carbon footprint as part of its climate commitments. Energean's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company continues to focus on transparency and accountability in its environmental impact reporting.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 47,692,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 38,251,400 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 872,615,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
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.
Energean 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.