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Golar LNG Ltd

Common Name
Golar LNG
Country
Bermuda
Sector
Energy
Industry
Oil & Gas Midstream
Employees
474
Ticker
GLNG
Exchange
NASDAQ/NGS
Description
Golar LNG Ltd. is a prominent player in the liquefied natural gas (LNG) sector, focusing on the development and operation of LNG infrastructure and the transportation of LNG worldwide. As an integral ...

Golar LNG's GHG Emissions Data Preview

In 2024, Golar LNG 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) and Scope 2 (indirect emissions from purchased energy).

However, Golar LNG has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Golar LNG’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Golar LNG’s data sources below and access millions more through our Disclosure Search.

a. Golar LNG's ESG Report 2024
a. Golar LNG's ESG Report 2024

Insights into Golar LNG's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGolar LNG amounted to443,159metric 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 2023, the total operational greenhouse gas (GHG) emissions of Golar LNGdecreased by 9.54%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Golar LNG's Scope 1 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e-4%+17%+12%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Golar LNG's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Golar LNG were 443,125 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Golar LNG reduced its Scope 1 emissions over time?

Since 2020, Golar LNG's Scope 1 emissions have increased by 14.29%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Golar LNG's Scope 1 emissions decreased by 9.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Golar LNG's Scope 2 emissions?

In 2024, Golar LNG reported Scope 2 greenhouse gas (GHG) emissions of 16 tCOâ‚‚e using the market-based method and 34 tCOâ‚‚e using the location-based method.a

Has Golar LNG reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Golar LNG's Scope 2 emissions(Location-Based) fell by 17.07% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Golar LNG use for Scope 2 reporting?

In 2024, Golar LNG reported its Scope 2 emissions using the market-based method and using the location-based method.a

Golar LNG's Scope 2 Emissions Over Time

202220232024015304560tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Golar LNG’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Golar LNG reported Scope 1 greenhouse gas (GHG) emissions of 443,125 tCOâ‚‚e and total revenues of USD 260 millions. This translates into an emissions intensity of 1,701.89 tCOâ‚‚e per millions USD.a

Golar LNG's Scope 1 Emissions Intensity Compared to Peers

1,00020,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1005005,00050,000500,000Revenues (Millions of USD)SCGPrima MarineYear: 2024Scope 1: 7,874 tCO2eRevenue: $M 256Scope 1 Intensity: 30.75 tCO2e/$MSSSovkomflotYear: 2021Scope 1: 3,141,000 tCO2eRevenue: $M 123,701Scope 1 Intensity: 25.39 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MCMB.TECHYear: 2023Scope 1: 2,226,796 tCO2eRevenue: $M 1,235Scope 1 Intensity: 1,802.89 tCO2e/$MCheniere EnergyYear: 2024Scope 1: 11,142,029 tCO2eRevenue: $M 15,703Scope 1 Intensity: 709.55 tCO2e/$MNew Fortress EnergyYear: 2023Scope 1: 947,243 tCO2eRevenue: $M 2,413Scope 1 Intensity: 392.51 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2024Scope 1: 579,252 tCO2eRevenue: $M 851Scope 1 Intensity: 680.32 tCO2e/$MWestern Midstream PartnersYear: 2024Scope 1: 9,140,000 tCO2eRevenue: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MCCChina Merchants Energy ShippingYear: 2024Scope 1: 6,060,200 tCO2eRevenue: $M 3,535Scope 1 Intensity: 1,714.31 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MAltaGasYear: 2024Scope 1: 1,595,781 tCO2eRevenue: $M 8,653Scope 1 Intensity: 184.41 tCO2e/$MQatar Gas Transport Co Ltd (Nakilat) (QPSC)Year: 2024Scope 1: 5,211,345 tCO2eRevenue: $M 1,008Scope 1 Intensity: 5,169.59 tCO2e/$MTormYear: 2023Scope 1: 1,558,254 tCO2eRevenue: $M 10,501Scope 1 Intensity: 148.39 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MGibson EnergyYear: 2024Scope 1: 125,044 tCO2eRevenue: $M 8,189Scope 1 Intensity: 15.27 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MPembina PipelineYear: 2024Scope 1: 4,492,231 tCO2eRevenue: $M 5,133Scope 1 Intensity: 875.14 tCO2e/$MKeyeraYear: 2024Scope 1: 1,408,005 tCO2eRevenue: $M 4,962Scope 1 Intensity: 283.73 tCO2e/$MPlains GP HoldingsYear: 2024Scope 1: 836,000 tCO2eRevenue: $M 50,073Scope 1 Intensity: 16.70 tCO2e/$MScorpio TankersYear: 2024Scope 1: 1,835,650 tCO2eRevenue: $M 1,244Scope 1 Intensity: 1,475.66 tCO2e/$MInternational SeawaysYear: 2023Scope 1: 1,906,017 tCO2eRevenue: $M 1,072Scope 1 Intensity: 1,778.37 tCO2e/$MFrontlineYear: 2024Scope 1: 3,095,498 tCO2eRevenue: $M 2,050Scope 1 Intensity: 1,509.72 tCO2e/$MGolar LNGYear: 2024Scope 1: 443,125 tCO2eRevenue: $M 260Scope 1 Intensity: 1,701.89 tCO2e/$M

How does Golar LNG's GHG emissions intensity compare to its peers?

In 2024, Golar LNG reported a Scope 1 emissions intensity of 1,701.89 tCOâ‚‚e per millions USD. Compared to the peer group median of 651.49, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Golar LNG rank on GHG emissions intensity within its industry?

In 2024, Golar LNG ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Golar LNG among the least efficient performers, with one of the highest emissions intensities in its sector.a

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