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Crude Oil Extraction
AU
updated 3 days ago

Petsec Energy Ltd

Company website

Petsec Energy Ltd, an Australian-based oil and gas exploration and production company, is headquartered in Sydney, New South Wales. Founded in 1994, Petsec has established a strong presence in the energy sector, focusing primarily on the development of oil and gas resources in the Gulf of Mexico and the onshore regions of the United States. The company is renowned for its commitment to sustainable energy practices and innovative exploration techniques, which set it apart in a competitive market. Petsec Energy's core services include the acquisition, exploration, and production of hydrocarbons, with a notable emphasis on maximising resource recovery. With a solid track record of operational success and strategic partnerships, Petsec Energy Ltd continues to strengthen its market position, contributing to the evolving landscape of the energy industry in Australia and beyond.

DitchCarbon Score

How does Petsec Energy Ltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

0

Industry Average

Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

6

Industry Benchmark

Petsec Energy Ltd's score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

6%

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Petsec Energy Ltd's reported carbon emissions

Petsec Energy Ltd, headquartered in Australia, currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3 emissions, nor are there any documented reduction targets or climate commitments. The company has not established any significant climate pledges or initiatives aimed at reducing carbon emissions. As such, Petsec Energy Ltd appears to be in the early stages of addressing climate-related issues within its operations. Without specific emissions data or reduction targets, it is challenging to assess the company's environmental impact or commitment to sustainability. In the context of the energy sector, it is increasingly important for companies to adopt transparent climate strategies and set measurable targets to align with global climate goals. As of now, Petsec Energy Ltd has not publicly committed to any such initiatives.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Petsec Energy Ltd's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Petsec Energy Ltd is in AU, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Petsec Energy Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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