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Energean PLC
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Energean’s Greenhouse Gas (GHG) Emissions Data
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Insights into Energean's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofEnergean amounted to235,134metric 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).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Energeanincreased by 212.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Energean's Scope 1 Emissions Over Time
- 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).a
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.a
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.a
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.a
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.a
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 energya
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.a
Energean's Scope 2 Emissions Over Time
- 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.a
The 2023 disclosure of Energean includes a breakdown across 10of 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.a
Energean's Scope 3 Emissions Over Time
- 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).a
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.a
Has Energean reduced its Scope 3 emissions over time?
Since 2021, Energean's Scope 3 emissionshave increased by 815.79%, reflecting a rising long-term trend in Scope 3 emissions over time.a
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.a
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.a
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:a
- 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%)
- Waste Generated in Operations (Cat. 5): 0 tCOâ‚‚e(0%)
Energean's Scope 3 Emissions by Categories
Insights into Energean’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Energean reported Scope 1 greenhouse gas (GHG) emissions of 220,579 tCOâ‚‚e and total revenues of USD 1,420 millions. This translates into an emissions intensity of 155.38 tCOâ‚‚e per millions USD.a
Energean's Scope 1 Emissions Intensity Compared to Peers
How does Energean's GHG emissions intensity compare to its peers?
In 2023, Energean reported a Scope 1 emissions intensity of 155.38 tCOâ‚‚e per millions USD. Compared to the peer group median of 302.16, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Energean rank on GHG emissions intensity within its industry?
In 2023, Energean ranked 5 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Energean among the top performers, with one of the lowest emissions intensities relative to peers.a
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.a
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%.a