Buru Energy Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, Buru Energy Limited disclosed greenhouse gas emissions of 23.6K tCO2e (operational); 11902 tCO2e (equity share). By scope: Scope 1: 3.1K tCO2e (operational); 1642 tCO2e (equity share); Scope 2: 41 tCO2e (operational); 41 tCO2e (equity share); Scope 3: 19.7K tCO2e (operational); 9853 tCO2e (equity share). 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
23.6K tCO2e (operational); 11902 tCO2e (equity share)
2023
⚙️
Energy Use
25.9K 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).3.1K tCO2e (operational); 1642 tCO2e (equity share)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.41 tCO2e (operational); 41 tCO2e (equity share)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).19.7K tCO2e (operational); 9853 tCO2e (equity share)

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
202323.6K tCO2e (operational); 11902 tCO2e (equity share)
202210.1K tCO2e (Scope 1)
202113.1K tCO2e (Scope 1 & 2)

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

  • Continue to refine data capture and collation for Scope 3 emissions
  • Investigate options for renewable energy use at company sites and/or offices
  • Implement fugitive emissions monitoring at Ungani

📅 Medium-term

  • Continue partnerships to advance energy transition direction
  • Continue to integrate climate considerations into business planning and processes, aligned to the intentions of TCFD and GRI 11.2
  • Commence on-ground operations for 2H Resources
  • Advocate for the establishment of a commercially viable, safe, and environmentally responsible CCS industry in Western Australia
  • Participation in the carbon market (ACCU development)

🔭 Long-term

  • Achieve 40:40:20 gender diversity target

🌱 ESG Focus Areas

GHG EmissionsClimate Adaptation, Resilience and TransitionBiodiversityClosure and DecommissioningOccupational Health and SafetyNon-Discrimination and Equal OpportunityEngagement with Aboriginal PeoplesAsset Integrity and Critical Incident ManagementEconomic Impacts

⚠️ Challenges & Risks +

  • Suspension of Ungani Production Field for the foreseeable future due to uncertain availability of the Fitzroy River crossing
  • Legal action from community/Exposure to litigation for carbon-intensive industries
  • Lack of support from a range of sources (e.g., community, investors, government etc.) for carbon capture and storage technology and projects
  • Rainfall intensity may increase under future climate scenarios
  • Fossil fuel screening by creditors/access to finance
  • Technologies do not deliver expected reductions

📋 Report Information

Reporting Period: 2023
Frameworks: GRI 11: Oil and Gas Standard (2021), GRI Universal Standards (2021), TCFD