Capricorn Energy PLC 2022 AR2
The report highlights Capricorn Energy's transition as an Egypt-focused energy producer following the acquisition of Western Desert assets. In 2022, the company achieved a net working interest production of approximately 34,200 boepd and returned US$529m to shareholders, aided by a US$1.06bn Indian tax refund. The company launched a strategic review in early 2023 following board changes, focusing on capital preservation, scaling back international exploration, and maximizing Egypt's asset value. On sustainability, Capricorn progressed its net-zero by 2040 target, achieving a B rating from the CDP for both climate change and water, and completed an emissions baseline assessment in Egypt.
Company: Capricorn Energy PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2022
Type: AR2
Pages: 192
Capricorn Energy PLC
The report highlights Capricorn Energy's transition as an Egypt-focused energy producer following the acquisition of Western Desert assets. In 2022, the company achieved a net working interest production of approximately 34,200 boepd and returned US$529m to shareholders, aided by a US$1.06bn Indian tax refund. The company launched a strategic review in early 2023 following board changes, focusing on capital preservation, scaling back international exploration, and maximizing Egypt's asset value. On sustainability, Capricorn progressed its net-zero by 2040 target, achieving a B rating from the CDP for both climate change and water, and completed an emissions baseline assessment in Egypt.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees