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Ithaca Energy PLC
Ithaca Energy's GHG Emissions Data Preview
In 2024, Ithaca Energy 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).
Ithaca Energy has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Ithaca Energy’s Greenhouse Gas (GHG) Emissions Data
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Insights into Ithaca Energy's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofIthaca Energy amounted to448,190metric 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 Ithaca Energyincreased by 2.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Ithaca Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ithaca Energy's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Ithaca Energy were 447,864 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Ithaca Energy reduced its Scope 1 emissions over time?
Since 2021, Ithaca Energy's Scope 1 emissions have decreased by 9.95%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Ithaca Energy's Scope 1 emissions increased by 2.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Ithaca Energy's Scope 2 emissions?
In 2024, Ithaca Energy reported Scope 2 greenhouse gas (GHG) emissions of 326 tCOâ‚‚e using the market-based method.a
Has Ithaca Energy reduced its Scope 2 emissions over time?
Since 2021, Ithaca Energy's Scope 2 greenhouse gas (GHG) emissions (Market-Based)have decreased by 42.5%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Ithaca Energy's Scope 2 emissions(Market-Based) rose by 20.74% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Ithaca Energy use for Scope 2 reporting?
In 2024, Ithaca Energy reported its Scope 2 emissions using the market-based method.a
Ithaca Energy's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Ithaca Energy's Value Chain Emissions
In 2024, Ithaca Energy reported 10,948,234 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 Ithaca Energy includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Ithaca Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ithaca Energy's Scope 3 emissions?
In 2024, Ithaca Energy reported total Scope 3 emissions of 10,948,234 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 4.63%of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.37%came from downstream activities like product use, distribution, and end-of-life treatment.a
What categories of Scope 3 emissions does Ithaca Energy disclose?
In 2024, Ithaca Energy reported emissions for 4 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 Ithaca Energy's Scope 3 emissions?
In 2024, the largest contributors to Ithaca Energy's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 10,441,600 tCOâ‚‚e(95.37%)
- Purchased Goods and Services (Cat. 1): 394,007 tCOâ‚‚e(3.6%)
- Upstream Transportation and Distribution (Cat. 4): 111,958 tCOâ‚‚e(1.02%)
Ithaca Energy's Scope 3 Emissions by Categories
Insights into Ithaca Energy's Total Carbon Footprint
In 2024, Ithaca Energy reported a total carbon footprint of 11,396,424 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,515.11% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Ithaca Energy's total carbon footprint was Scope 3 emissions, accounting for 96.07% of the company's total carbon footprint, followed by Scope 1 emissions at 3.93%.a