As of 2025, Var Energi has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 3 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Var Energi's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. | 2030 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Metric Tonne (mt) of Natural Gas Sold | 0000000 | 2025 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities | Copy/Paste is a PRO feature. | 2026 |
Intensity-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Barrel of Oil Equivalent (BOE) of Oil and Gas from Unspecified Activities | 0000000 | 2030 |
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As of 2025, Var Energi has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2025, Var Energi has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Var Energi's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 1,100,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2005.a
Instead of reducing operational emissions, Var Energi has increased them, with 2025 levels exceeding those of the 2005 baseline, placing the company well behind its reduction target.a