Serica Energy plc

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019

In its 2023 reporting, Serica Energy plc disclosed greenhouse gas emissions of 371.9K tCO2e/year. By scope: Scope 1: 191.3K tCO2e/year; Scope 2: 43 tCO2e/year; Scope 3: 180.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
371.9K tCO2e/year
2023
💧
Water Usage
13.2K m3/year (produced water discharged)
2023
♻️
Waste
304 tons/year
2023
⚙️
Energy Use
835 GWh/year (Bruce Platform)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).191.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.43 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).180.5K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023371.9K tCO2e/year
2022234.3K tCO2e/year
2021217.3K tonnes CO2
2019241.5K tCO2e/year (EU-ETS)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Bruce Scope 1 carbon intensity to 15.5 kg CO2/boe by 2024
  • Reduce general waste and dry mixed recyclables to under 90 tonnes by 2024
  • 90% or above of total waste to be reused, recycled or sent to waste-to-energy by 2024

📅 Medium-term

  • Reduce CO2 emissions by 25% by 2027 (North Sea Transition Deal target)
  • Achieve zero routine flaring by 2030 (World Bank target)

🔭 Long-term

  • Achieve net zero emissions by 2050 (North Sea Transition Deal target)

🌱 ESG Focus Areas

Climate ChangeSafetyDiversity & InclusionSupply Chain SustainabilityCommunity EngagementGovernance

⚠️ Challenges & Risks +

  • Supply chain disruptions due to extreme weather
  • Meeting ambitious emissions reduction targets
  • Maintaining a diverse workforce in a competitive market
  • Managing risks associated with the energy transition

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UNGC
Assurance: RISC (UK) Ltd (Limited Assurance)