Seplat Energy
Seplat Energy Plc, a leading independent energy company, is headquartered in Nigeria (NG) and operates primarily in the oil and gas sector. Founded in 2009, Seplat has established itself as a key player in the Nigerian energy landscape, focusing on exploration, production, and distribution of hydrocarbons. The company’s major operational regions include the Niger Delta, where it has made significant strides in enhancing production capabilities. Seplat Energy is renowned for its commitment to sustainable practices and innovative solutions, offering a diverse range of services that include upstream oil and gas exploration and production, as well as gas processing and distribution. With a strong market position, Seplat has achieved notable milestones, including strategic partnerships and expansions that underscore its role in driving energy security in Nigeria.
DitchCarbon Score
How does Seplat Energy'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.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Industry Benchmark
Seplat Energy's score of 34 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Seplat Energy's reported carbon emissions
In 2023, Seplat Energy reported total carbon emissions of approximately 565,423,800 kg CO2e from Scope 1, which includes direct emissions from their operations. This figure comprises about 43,080,650 kg CO2e from stationary combustion, 9,451,380 kg CO2e from fugitive emissions, and 6,875,000 kg CO2e from process emissions. Additionally, their Scope 2 emissions, which account for indirect emissions from purchased electricity, were approximately 1,320,700 kg CO2e. Comparatively, in 2022, Seplat Energy's total emissions were about 726,979,000 kg CO2e for Scope 1 and 972,000 kg CO2e for Scope 2, alongside 8,788,000 kg CO2e from Scope 3 emissions. This indicates a significant reduction in Scope 1 emissions from 2022 to 2023. Seplat Energy has not disclosed any specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions, demonstrating a commitment to transparency in their environmental impact. The company operates within the oil and gas sector, which is under increasing scrutiny for its carbon footprint, making their emissions data and climate strategies particularly relevant in the context of global climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,422,396,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 772,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 10,723,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
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.
Seplat Energy 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.
