- Materiality – modest market capitalization makes any new acquisition very material.
- Going Concern – no source of income, reliant on existing cash resources.
- Developments – programmes exposed to risk of delays and cost overruns.
- Competition for acquisition opportunities.
- Reliance on key personnel.
- Dilution of shareholders’ interest as a result of additional equity financing.
- Volatility of commodity prices.
- Foreign Exchange Rate Volatility.
Longboat Energy plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Longboat Energy plc disclosed greenhouse gas emissions of 797.3 tonnes GHG (CO2, CO, N2O, nmVOC, NOx and SOx). By scope: Scope 1: 797.3 tonnes GHG. 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
797.3 tonnes GHG (CO2, CO, N2O, nmVOC, NOx and SOx)
2023
📊 Emissions by Scope (2023)
| 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). | 797.3 tonnes GHG |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 797.3 tonnes GHG (CO2, CO, N2O, nmVOC, NOx and SOx) |
| 2022 | 4.0K tonnes GHG (CO2 CO N2O nm VOC NOX and SOX) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reports equity share of Scope 1 emissions from exploration drilling, in line with SASB standards.
- Target of zero acute discharges to sea. No spills in 2023.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Net zero emissions by 2050 (earlier target date to be set).
🔭 Long-term
- Net zero emissions by 2050 (earlier target date to be set).
🌱 ESG Focus Areas
Greenhouse gas emissionsEnvironmental stewardshipCommunity relationsWorkforce health & safetyBusiness ethics & transparencyManagement of the legal & regulatory environmentCritical incident risk management