Seplat Energy Plc, a leading independent energy company, is headquartered in Nigeria (NG) and operates primarily in the oil and gas sector. Founded in 2009, Seplat has established itself as a key player in the Nigerian energy landscape, focusing on exploration, production, and distribution of hydrocarbons. The company’s major operational regions include the Niger Delta, where it has made significant strides in enhancing production capabilities. Seplat Energy is renowned for its commitment to sustainable practices and innovative solutions, offering a diverse range of services that include upstream oil and gas exploration and production, as well as gas processing and distribution. With a strong market position, Seplat has achieved notable milestones, including strategic partnerships and expansions that underscore its role in driving energy security in Nigeria.
How does Seplat Energy'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 Services Auxiliary to Financial Intermediation 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.
Seplat Energy's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Seplat Energy, headquartered in Nigeria (NG), reported total carbon emissions of approximately 15,000,000,000 kg CO2e across all scopes. This includes 565,423,800 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,320,700 kg CO2e from Scope 2 emissions, related to purchased electricity. Notably, Scope 3 emissions, which account for indirect emissions from the value chain, were significantly higher at about 14,915,000,000 kg CO2e. Comparatively, in 2022, Seplat Energy's emissions were approximately 8,788,000,000 kg CO2e for Scope 3, 1,120,000,000 kg CO2e for Scope 1, and 972,000,000 kg CO2e for Scope 2. This indicates a substantial increase in Scope 3 emissions year-on-year, reflecting the complexities of managing indirect emissions in the oil and gas sector. Seplat Energy has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded targets from any parent organisation. The absence of defined reduction strategies suggests a need for enhanced focus on sustainability practices within the company. Overall, Seplat Energy's emissions data highlights the challenges faced by the energy sector in addressing carbon footprints, particularly in managing Scope 3 emissions, which are often the most significant.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,422,396,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 |
Scope 2 | 772,000 | 000,000 | 000,000 | 000,000,000 | 0,000,000 |
Scope 3 | 10,723,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 00,000,000,000 |
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Seplat Energy 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.