Energean PLC

Common Name
Energean
Country
United Kingdom
Sector
Energy
Industry
Oil & Gas E&P
Employees
392
Ticker
ENOG
Exchange
LONDON STOCK EXCHANGE
Description
Energean Plc is a hydrocarbon exploration and production company that focuses on the development of oil and natural gas resources. The primary function of Energean is to explore, discover, and extract...

Energean's GHG Emissions Data Preview

In 2023, Energean completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Energean has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Energean's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Energean amounted to 235,134 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Energean increased by 212.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Energean's Scope 1 Emissions Over Time

202120222023060 k120 k180 k240 ktCO2e+36%+211%
  • Total Scope 1
  • Year-over-Year Change

What are Energean's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Energean were 220,579 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Energean reduced its Scope 1 emissions over time?

Since 2021, Energean's Scope 1 emissions have increased by 322.09%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Energean's Scope 1 emissions increased by 210.63%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Energean's Scope 2 emissions?

In 2023, Energean reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 14,555 tCOâ‚‚e using the location-based method.

Has Energean reduced its Scope 2 emissions over time?

Since 2021, Energean's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 29.97%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Energean's Scope 2 emissions (Location-Based) rose by 235.14% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Energean use for Scope 2 reporting?

In 2023, Energean reported its Scope 2 emissions using the market-based method and using the location-based method.

Energean's Scope 2 Emissions Over Time

20212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Energean's Value Chain Emissions

In 2023, Energean reported 17,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Energean includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Energean's Scope 3 Emissions Over Time

20212022202304.5 M9 M13.5 M18 MtCO2e+26%+625%
  • Total Scope 3
  • Year-over-Year Change

What are Energean's Scope 3 emissions?

In 2023, Energean reported total Scope 3 emissions of 17,400,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Energean reduced its Scope 3 emissions over time?

Since 2021, Energean's Scope 3 emissions have increased by 815.79%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Energean's Scope 3 emissions increased by 625%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Energean disclose?

In 2023, Energean reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Energean's Scope 3 emissions?

In 2023, the largest contributors to Energean's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 16,800,000 tCOâ‚‚e (97.11%)
  • Processing of Sold Products (Cat. 10): 500,000 tCOâ‚‚e (2.89%)
  • Downstream Transportation and Distribution (Cat. 9): 0 tCOâ‚‚e (0%)

Energean's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(97.1%)Processing of SoldProducts (Cat. 10)(2.9%)

Insights into Energean's Total Carbon Footprint

In 2023, Energean reported a total carbon footprint of 17,635,134 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 612.43% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Energean's total carbon footprint was Scope 3 emissions, accounting for 98.67% of the company's total carbon footprint, followed by Scope 1 emissions at 1.25%.

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