Lion Energy Limited, headquartered in Australia, is a prominent player in the energy sector, focusing on the exploration and production of oil and gas. Founded in 2004, the company has established a strong presence in key operational regions, particularly in Indonesia, where it has made significant strides in resource development. Specialising in sustainable energy solutions, Lion Energy offers a range of services that include oil and gas exploration, production, and development. The company is recognised for its commitment to environmentally responsible practices, setting it apart in a competitive market. With a solid track record of achievements, Lion Energy Limited continues to enhance its market position through innovative strategies and a focus on sustainable growth.
How does Lion Energy Limited'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.
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.
Lion Energy Limited's score of 5 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Lion Energy Limited reported total carbon emissions of approximately 36,714,000 kg CO2e for Scope 1, 44,228,000 kg CO2e for Scope 2, and 12,959,000 kg CO2e for Scope 3. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 55% by 2030, using 2019 as the base year. Additionally, Lion Energy is committed to achieving a 90% reduction in absolute emissions across all scopes by 2050, as part of its net-zero target. These initiatives reflect Lion Energy's dedication to addressing climate change and reducing its carbon footprint in the coming decades.
Access structured emissions data, company-specific emission factors, and source documents
2019 | |
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Scope 1 | 36,714,000 |
Scope 2 | 44,228,000 |
Scope 3 | 12,959,000 |
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.
Lion Energy Limited 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.