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Inpex Corp

Common Name
Inpex
Country
Japan
Sector
Energy
Industry
Oil & Gas E&P
Employees
3,679
Ticker
1605
Exchange
TOKYO STOCK EXCHANGE
Description
Inpex Corporation is a major player in the global energy sector as a leading exploration and production company focused primarily on oil and natural gas. As the largest energy exploration firm in Japa...

Inpex's GHG Emissions Data Preview

In 2024, Inpex 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).

Inpex has also provided a category-level breakdown for 1 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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a
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a
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a
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
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Inpex’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 Inpex’s data sources below and access millions more through our Disclosure Search.

a. Inpex's ESG Data Spreadsheet 2024
a. Inpex's ESG Data Spreadsheet 2024
b. Inpex's Sustainability Report 2022
b. Inpex's Sustainability Report 2022

Insights into Inpex's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofInpex amounted to6,647,000metric 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 Inpexdecreased by 0.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Inpex's Scope 1 Emissions Over Time

20192020202120222023202402.5 M5 M7.5 M10 MtCO2e-14%-9%-5%+4%0%
  • Total Scope 1
  • Year-over-Year Change

What are Inpex's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Inpex were 6,614,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Inpex reduced its Scope 1 emissions over time?

Since 2019, Inpex's Scope 1 emissions have decreased by 22.71%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Inpex's Scope 1 emissions remained relatively stable, indicating that Inpex's emissions have plateaued with no significant change in its operational footprint.a

What are Inpex's Scope 2 emissions?

In 2024, Inpex reported Scope 2 greenhouse gas (GHG) emissions of 36,000 tCOâ‚‚e using the market-based method and 33,000 tCOâ‚‚e using the location-based method.a

Has Inpex reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Inpex's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Inpex's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Inpex use for Scope 2 reporting?

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

Inpex's Scope 2 Emissions Over Time

201920202021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Inpex's Value Chain Emissions

In 2024, Inpex reported 2,725,000 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 2024 disclosure of Inpex includes a breakdown across 1of 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

Inpex's Scope 3 Emissions Over Time

2022202320240700 k1.4 M2.1 M2.8 MtCO2e+188%+38%
  • Total Scope 3
  • Year-over-Year Change

What are Inpex's Scope 3 emissions?

In 2024, Inpex reported total Scope 3 emissions of 2,725,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

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

Compared to the previous year (2023), Inpex's Scope 3 emissions increased by 38.11%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Inpex disclose?

In 2024, Inpex reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

In 2024, the largest contributors to Inpex's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,725,000 tCOâ‚‚e(100%)

Inpex's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(100.0%)

Insights into Inpex’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Inpex reported Scope 1 greenhouse gas (GHG) emissions of 6,614,000 tCOâ‚‚e and total revenues of USD 14,433 millions. This translates into an emissions intensity of 458.27 tCOâ‚‚e per millions USD.a

Inpex's Scope 1 Emissions Intensity Compared to Peers

20,000100,0001,000,00010,000,000100,000,000Scope 1 Emissions (tCO2e)2005,000200,0005,000,000200,000,000Revenues (Millions of USD)OOOOriental EnergyYear: 2023Scope 1: 455,919 tCO2eRevenue: $M 3,816Scope 1 Intensity: 119.46 tCO2e/$MARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MChord EnergyYear: 2024Scope 1: 1,944,660 tCO2eRevenue: $M 5,251Scope 1 Intensity: 370.34 tCO2e/$MAntero ResourcesYear: 2024Scope 1: 201,511 tCO2eRevenue: $M 4,119Scope 1 Intensity: 48.93 tCO2e/$MJapan Petroleum ExplorationYear: 2024Scope 1: 184,000 tCO2eRevenue: $M 2,152Scope 1 Intensity: 85.51 tCO2e/$MVar EnergiYear: 2024Scope 1: 320,859 tCO2eRevenue: $M 75,046Scope 1 Intensity: 4.28 tCO2e/$MHarbour EnergyYear: 2024Scope 1: 1,259,200 tCO2eRevenue: $M 6,158Scope 1 Intensity: 204.48 tCO2e/$MAker BPYear: 2024Scope 1: 838,000 tCO2eRevenue: $M 12,243Scope 1 Intensity: 68.45 tCO2e/$MSantosYear: 2024Scope 1: 4,440,000 tCO2eRevenue: $M 8,303Scope 1 Intensity: 534.73 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2024Scope 1: 2,293,371 tCO2eRevenue: $M 5,001Scope 1 Intensity: 458.61 tCO2e/$MMedco Energi InternasionalYear: 2024Scope 1: 5,117,830 tCO2eRevenue: $M 39,489,428Scope 1 Intensity: 0.13 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MAPA Corp (US)Year: 2024Scope 1: 6,225,000 tCO2eRevenue: $M 9,737Scope 1 Intensity: 639.31 tCO2e/$MInternational PetroleumYear: 2023Scope 1: 865,305 tCO2eRevenue: $M 10,477Scope 1 Intensity: 82.59 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MPTTEPYear: 2024Scope 1: 6,550,208 tCO2eRevenue: $M 9,096Scope 1 Intensity: 720.12 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MCivitas ResourcesYear: 2024Scope 1: 2,168,900 tCO2eRevenue: $M 5,202Scope 1 Intensity: 416.90 tCO2e/$MWoodside Energy GroupYear: 2024Scope 1: 6,769,000 tCO2eRevenue: $M 20,322Scope 1 Intensity: 333.09 tCO2e/$MExpand EnergyYear: 2024Scope 1: 1,629,138 tCO2eRevenue: $M 4,221Scope 1 Intensity: 385.96 tCO2e/$MInpexYear: 2024Scope 1: 6,614,000 tCO2eRevenue: $M 14,433Scope 1 Intensity: 458.27 tCO2e/$M

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

In 2024, Inpex reported a Scope 1 emissions intensity of 458.27 tCOâ‚‚e per millions USD. Compared to the peer group median of 269.89, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Inpex rank on GHG emissions intensity within its industry?

In 2024, Inpex ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Inpex is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Inpex's Total Carbon Footprint

In 2024, Inpex reported a total carbon footprint of 9,372,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Inpex's total carbon footprint was Scope 1 emissions, accounting for 70.57% of the company's total carbon footprint, followed by Scope 3 emissions at 29.08%.a

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