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United Energy Group Ltd

Common Name
United Energy Group
Country
Hong Kong
Sector
Energy
Industry
Oil & Gas E&P
Employees
2,356
Ticker
467
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
United Energy Group Limited, an investment holding company, engages in the upstream oil, natural gas, clean energy, and energy trading businesses in Hong Kong, Pakistan, Singapore, Egypt, Iraq, and th...

United Energy Group's GHG Emissions Data Preview

In 2024, United Energy Group 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, United Energy Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
4,066,720a
3,571,383a
3,654,577a
Total Scope 2
Unspecified Calculation Method
4,623a
2,679a
1,393a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
1,774.8757a
2,051.9914a
2,651.9767a
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Verified Sources Behind United Energy Group’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.

a. United Energy Group's ESG Report 2024
b. United Energy Group's ESG Report 2023

Insights into United Energy Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of United Energy Group amounted to 4,071,343 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 United Energy Group increased by 13.91%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

United Energy Group's Scope 1 Emissions Over Time

202120222023202401.5 M3 M4.5 M6 MtCO2e+8%-2%+14%
  • Total Scope 1
  • Year-over-Year Change

What are United Energy Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of United Energy Group were 4,066,720 metric tons of CO₂ equivalent (tCO₂e).a

Has United Energy Group reduced its Scope 1 emissions over time?

Since 2021, United Energy Group's Scope 1 emissions have increased by 20.25%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), United Energy Group's Scope 1 emissions increased by 13.87%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are United Energy Group's Scope 2 emissions?

In 2024, United Energy Group reported Scope 2 greenhouse gas (GHG) emissions of 4,623 tCO₂e without specifying the calculation method.a

Has United Energy Group reduced its Scope 2 emissions over time?

Since 2021, United Energy Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 61.02%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), United Energy Group's Scope 2 emissions (Unspecified Calculation Method) rose by 72.56% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does United Energy Group use for Scope 2 reporting?

In 2024, United Energy Group reported its Scope 2 emissions using an unspecified methodology.a

United Energy Group's Scope 2 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into United Energy Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, United Energy Group reported Scope 1 greenhouse gas (GHG) emissions of 4,066,720 tCO₂e and total revenues of USD 2,291 millions. This translates into an emissions intensity of 1,774.88 tCO₂e per millions USD.a

United Energy Group's Scope 1 Emissions Intensity Compared to Peers

101,000100,00010,000,0001,000,000,000Scope 1 Emissions (tCO2e)5502002,00010,000Revenues (Millions of USD)Vital EnergyYear: 2023Scope 1: 663,046 tCO2eRevenue: $M 1,548Scope 1 Intensity: 428.43 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MTalos EnergyYear: 2024Scope 1: 894,810 tCO2eRevenue: $M 1,974Scope 1 Intensity: 453.40 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MCalifornia ResourcesYear: 2024Scope 1: 4,467,797 tCO2eRevenue: $M 2,931Scope 1 Intensity: 1,524.33 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCNX ResourcesYear: 2024Scope 1: 484,380 tCO2eRevenue: $M 1,439Scope 1 Intensity: 336.56 tCO2e/$MMEG EnergyYear: 2023Scope 1: 2,382,468 tCO2eRevenue: $M 4,614Scope 1 Intensity: 516.30 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MMatador ResourcesYear: 2024Scope 1: 1,368,227 tCO2eRevenue: $M 3,479Scope 1 Intensity: 393.29 tCO2e/$MStrathcona ResourcesYear: 2024Scope 1: 3,577,855 tCO2eRevenue: $M 3,762Scope 1 Intensity: 951.09 tCO2e/$MVista EnergyYear: 2024Scope 1: 203,000,000 tCO2eRevenue: $M 1,648Scope 1 Intensity: 123,196.95 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MPrioYear: 2024Scope 1: 824,731 tCO2eRevenue: $M 2,325Scope 1 Intensity: 354.80 tCO2e/$MTourmaline OilYear: 2024Scope 1: 3,668,283 tCO2eRevenue: $M 3,928Scope 1 Intensity: 933.94 tCO2e/$MEnergeanYear: 2023Scope 1: 220,579 tCO2eRevenue: $M 978Scope 1 Intensity: 225.43 tCO2e/$MKosmos EnergyYear: 2024Scope 1: 14,031 tCO2eRevenue: $M 1,675Scope 1 Intensity: 8.37 tCO2e/$MVermilion EnergyYear: 2024Scope 1: 519,051 tCO2eRevenue: $M 1,442Scope 1 Intensity: 359.96 tCO2e/$MMedco Energi InternasionalYear: 2024Scope 1: 5,117,830 tCO2eRevenue: $M 2,399Scope 1 Intensity: 2,133.15 tCO2e/$MJapan Petroleum ExplorationYear: 2024Scope 1: 184,000 tCO2eRevenue: $M 2,152Scope 1 Intensity: 85.51 tCO2e/$MChina Huarong EnergyYear: 2023Scope 1: 129 tCO2eRevenue: $M 12Scope 1 Intensity: 11.11 tCO2e/$MUnited Energy GroupYear: 2024Scope 1: 4,066,720 tCO2eRevenue: $M 2,291Scope 1 Intensity: 1,774.88 tCO2e/$M

How does United Energy Group's GHG emissions intensity compare to its peers?

In 2024, United Energy Group reported a Scope 1 emissions intensity of 1,774.88 tCO₂e per millions USD. Compared to the peer group median of 354.8, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does United Energy Group rank on GHG emissions intensity within its industry?

In 2024, United Energy Group ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places United Energy Group among the least efficient performers, with one of the highest emissions intensities in its sector.a

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