Otto Energy Limited, a prominent player in the oil and gas industry, is headquartered in Australia and operates primarily in the Asia-Pacific region. Founded in 2004, the company has established itself as a key participant in the exploration and production of hydrocarbons, focusing on both conventional and unconventional resources. Otto Energy is renowned for its innovative approach to energy solutions, offering a range of services that include exploration, development, and production of oil and gas. The company’s commitment to sustainable practices and technological advancement sets it apart in a competitive market. With significant achievements in resource discovery and development, Otto Energy continues to strengthen its market position, contributing to the energy needs of the region while prioritising environmental responsibility.
How does Otto Energy Limited'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 Crude Oil Extraction 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.
Otto Energy Limited's score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Otto Energy Limited, headquartered in Australia, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and formal commitments suggests that Otto Energy may be in the early stages of developing a comprehensive climate strategy or may not have publicly disclosed such information. In the context of the energy sector, companies are increasingly expected to set science-based targets and engage in initiatives aimed at reducing their carbon footprint. As of now, Otto Energy has not cascaded any emissions data or climate commitments from a parent or related organization, indicating a standalone approach to their environmental impact. As the industry evolves, it will be crucial for Otto Energy to establish clear climate commitments and emissions reporting to align with global sustainability goals and stakeholder expectations.
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.
Otto Energy Limited 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.