Jadestone Energy plc

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, Jadestone Energy plc disclosed greenhouse gas emissions of 2.3M tCO2e/year. By scope: Scope 1: 469.3K tCO2e/year; Scope 2: 253 tCO2e/year; Scope 3: 1.8M 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
2.3M tCO2e/year
2023
💧
Water Usage
6.0M m3/year
2023
⚙️
Energy Use
3.9M GJ
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).469.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.253 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.8M 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
20232.3M tCO2e/year
20222.6M tCO2e/year

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 Scope 1 and 2 GHG emissions from its operated assets by 20% by 2026

📅 Medium-term

  • Reduce Scope 1 and 2 GHG emissions from its operated assets by 45% by 2030 (from 2021 levels).

🔭 Long-term

  • Achieve Net Zero on its Scope 1 and 2 emissions from operated assets by 2040.

🌱 ESG Focus Areas

Energy transitionResponsible operatorBenefitting stakeholders

⚠️ Challenges & Risks +

  • Managing the GHG trajectory of mature assets where emissions during the decline phase are typically significantly higher than during normalised midlife operations.
  • Limited cost-effective GHG reduction measures for late-life assets due to site design, structural integrity and space.
  • Increasing climate action and reporting obligations – UK.
  • Stakeholder consultation requirements in Australia were clarified following the Federal Court appeal decision of Santos NA Barossa Pty Ltd v Tipakalippa in December 2022.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI 11: Oil and Gas Sector Standard (2021), GRI Universal Standards (2021), IPIECA, API, IOGP sustainability reporting guidance, TCFD recommendations, CDP Climate Change Reporting Guidance (2023)