ITHACA ENERGY PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021-01 to 2021-06, 2020

In its 2023 reporting, ITHACA ENERGY PLC disclosed greenhouse gas emissions of 435.5K tCO2e/year. By scope: Scope 1: 435.5K 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
435.5K tCO2e/year
2023
💧
Water Usage
19.2 million tonnes/year
2023
♻️
Waste
7.0K tons/year
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).435.5K 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
2023435.5K tCO2e/year
2022483.3K tCO2e/year
2020140 ktCO2e (2019)

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 all Scope 1 and 2 CO2 and CO2 equivalent emissions of operated assets by 25% from 2019 levels in 2025.
  • Meet the North Sea Transition Deal targets for Scope 1 and 2 emissions on a net equity basis, with 10% by 2025, 25% by 2027 and 50% by 2030 from 2018 levels.
  • Achieve 0.20% methane intensity by 2025.

📅 Medium-term

  • Zero Routine Flaring by 2030.

🔭 Long-term

  • Net Zero by 2040 (Scope 1 and 2 on a net equity basis).

🌱 ESG Focus Areas

Climate ChangeEnvironmental PerformanceEmissions Reduction

⚠️ Challenges & Risks +

  • Rising volume of water co-produced with oil at the Alba field.
  • Unplanned releases from offshore installations (24 in 2023).

📋 Report Information

Reporting Period: 2023
Frameworks: OSPAR Recommendation 2003/05, GHG Protocol Corporate Accounting and Reporting Standard, Environmental Reporting Guidelines including Streamlined Energy and Carbon Reporting Guidance March 2019, TCFD