- Equipment failure in the first half of 2022 due to supply chain issues and staffing constraints.
- Increased operating costs driven by higher energy costs and general price increases on equipment.
- Reimposition of the moratorium on hydraulic fracturing for shale gas.
- COVID-19 related delays in geothermal project development.
IGas Energy plc
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, IGas Energy plc disclosed greenhouse gas emissions of 48.7 kg CO2eq/boe. By scope: Scope 1: 47.62 kg CO2eq/boe; Scope 2: 0.33 kg CO2eq/boe. 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
48.7 kg CO2eq/boe
2022
Energy Use
13.1K MWh
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 47.62 kg CO2eq/boe |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.33 kg CO2eq/boe |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Maintained ISO 14001 certification.
- Replaced energy-hungry jet pumps with more efficient beam pumps at Bletchingley and Folly Farm.
- Submitted application to the Green Heat Network Fund (GHNF) for Stoke-on-Trent geothermal project.
- Submitted tenders for geothermal heat systems to five NHS trusts.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve net production of c.2,000 boepd in 2023.
- Financial close for the Stoke-on-Trent geothermal project and move into execution phase.
📅 Medium-term
- Maximise value of oil and gas assets to facilitate a “just transition” to renewable energy.
- Grow geothermal heat business.
🔭 Long-term
- Transition to a lower carbon future through the expansion of its geothermal business.
🌱 ESG Focus Areas
Health & SafetyEnvironmentClimate ChangeCommunity EngagementDiversity & InclusionResponsible SourcingGeothermal Energy Development