Serica Energy PLC 2023 SR
The report highlights Serica Energy's growth in 2023 following the acquisition of Tailwind Energy, doubling its reserves and production. The company achieved its lowest carbon intensity since 2018 at 16.4 kg CO2/boe and successfully reduced methane emissions by 33%. Key environmental milestones included joining OGMP 2.0 and reinstating a produced water reinjection well, which reduced oil discharges to sea by 73%. Socially, the company achieved a 27% female representation on the Board and was awarded the Armed Forces Covenant Silver Award. Governance was strengthened by establishing a dedicated Sustainability Committee to oversee climate-related risks and opportunities.
Company: Serica Energy PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2023
Type: SR
Pages: 136
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Serica Energy PLC
ESG Report
The report highlights Serica Energy's growth in 2023 following the acquisition of Tailwind Energy, doubling its reserves and production. The company achieved its lowest carbon intensity since 2018 at 16.4 kg CO2/boe and successfully reduced methane emissions by 33%. Key environmental milestones included joining OGMP 2.0 and reinstating a produced water reinjection well, which reduced oil discharges to sea by 73%. Socially, the company achieved a 27% female representation on the Board and was awarded the Armed Forces Covenant Silver Award. Governance was strengthened by establishing a dedicated Sustainability Committee to oversee climate-related risks and opportunities.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jun 4, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees