In 2024, Gulf Energy Development 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).
However, Gulf Energy Development has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Gulf Energy Development amounted to 13,327,379 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Gulf Energy Development increased by 18.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Gulf Energy Development were 13,304,395 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Gulf Energy Development's Scope 1 emissions have increased by 238.39%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Gulf Energy Development's Scope 1 emissions increased by 18.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Gulf Energy Development reported Scope 2 greenhouse gas (GHG) emissions of 22,984 tCO₂e using the location-based method.a
Since 2020, Gulf Energy Development's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 113.57%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Gulf Energy Development's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Gulf Energy Development's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2024, Gulf Energy Development reported its Scope 2 emissions using the location-based method.a
In 2024, Gulf Energy Development reported 3,775,468 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Gulf Energy Development includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Gulf Energy Development reported total Scope 3 emissions of 3,775,468 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Gulf Energy Development's Scope 3 emissions have increased by 159,674.35%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Gulf Energy Development's Scope 3 emissions increased by 12.5%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Gulf Energy Development reported a total carbon footprint of 17,102,847 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.94% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Gulf Energy Development's total carbon footprint was Scope 1 emissions, accounting for 77.79% of the company's total carbon footprint, followed by Scope 3 emissions at 22.08%.a