Capricorn Energy PLC 2023 AR2
The report outlines Capricorn Energy PLC's transition in 2023 from an exploration-focused business into a leaner, production-focused energy producer. Key highlights include the return of approximately $568 million to shareholders through special dividends and share buybacks, alongside an 80% reduction in UK headcount to right-size the organization. Operationally, the company achieved a net working interest production of 30,044 boepd in Egypt and completed the acquisition of a 25% working interest in the UK North Sea's Columbus gas field. On sustainability, the company reduced its equity Scope 1 and 2 emissions by 15.6% against its 2022 baseline, keeping it on track for its net-zero target by 2040 or earlier.
Company: Capricorn Energy PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 184
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Capricorn Energy PLC
Annual Report And Accounts
The report outlines Capricorn Energy PLC's transition in 2023 from an exploration-focused business into a leaner, production-focused energy producer. Key highlights include the return of approximately $568 million to shareholders through special dividends and share buybacks, alongside an 80% reduction in UK headcount to right-size the organization. Operationally, the company achieved a net working interest production of 30,044 boepd in Egypt and completed the acquisition of a 25% working interest in the UK North Sea's Columbus gas field. On sustainability, the company reduced its equity Scope 1 and 2 emissions by 15.6% against its 2022 baseline, keeping it on track for its net-zero target by 2040 or earlier.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 28, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees