- October 7th conflict and its impact on operations and employees.
- Global energy crisis and market instability.
Ratio Energies
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Ratio Energies disclosed greenhouse gas emissions of 10.0K tCO2e (net). By scope: Scope 1: 29.5 tCO2e; Scope 2: 0 tCO2e; Scope 3: 16.0K tCO2e (Ratio's share of Leviathan). 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
10.0K tCO2e (net)
2023
Renewable Energy
100% (Scope 2)
of total energy
Water Usage
78.84 m3
2023
Waste
1.5K kg paper 1840 kg plastic packaging 480 drink bottles 15 electronic products
2023
Energy Use
100.0K kWh
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). | 29.5 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 16.0K tCO2e (Ratio's share of Leviathan) |
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 | 10.0K tCO2e (net) |
| 2022 | 17.5K tCO2e (Scopes 1 2 and 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved carbon neutrality (Scopes 1 & 2) by offsetting Scope 1 carbon footprint and 38% of Scope 3 emissions (from Leviathan project). 100% of headquarters' energy consumption (Scope 2) was from renewable sources.
- Greenhouse gas emissions to production ratio remained under 2 kg CO2e/boe.
- 71% of leased vehicles are electric (up from 30% in 2022).
🎯 Climate & Sustainability Targets
🔭 Long-term
- Reduction of emissions by 2050
🌱 ESG Focus Areas
Greenhouse Gas EmissionsClimate adaptation, resilience, and transitionOccupational health and safetyEmployment practicesNon-discrimination and equal opportunityEconomic impactsAnti-competitive practicesAnti-corruptionPayments to government