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Ithaca Energy sustainability score: 16/100

·Oil & Gas·Founded 2019·Last verified 14 September 2026
16
out of 100
Significant gapsPending ReviewMixed evidence· 10 src

Ithaca Energy scores 16/100 (Significant gaps) on SINK's independent climate assessment — scored from public data only, no company payment can change a number. Last verified September 2026.

That places Ithaca Energy 670th of 680 companies scored, and 10th of 12 in Oil & Gas.

Ithaca Energy is a pure-play North Sea oil and gas operator with minimal climate action. Scope 3 emissions—orders of magnitude larger than reported Scope 1 and 2—remain unquantified. The company faces a January 2025 court ruling invalidating Rosebank's consent and active NGO campaigns characterizing it as expansion-focused with no transition intent.

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The calculation

How is Ithaca Energy's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Oil & Gas sector ceiling.
20 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
24 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 20) + (0.7 × 24) = 22.8
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.7
Final score
Rounded. Significant gaps.
16 / 100
The ten questions

What is Ithaca Energy doing well, and where does it fall short?

Strongest on Carbon Footprint — Operations and Transparency & Accountability (5/10, 4/10). Weakest on Controversies & Red Flags and Energy Source (0/10, 1/10).

Where the evidence comes from

What evidence is Ithaca Energy's score based on?

10 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

Ithaca Energy reports the emissions from running its own operations, but does not disclose the emissions from burning the oil and gas it sells. For a hydrocarbon producer that is the larger part of the footprint by a wide margin — typically the great majority of it. This score is calculated on the conservative basis the methodology applies when the dominant category is absent, and the absence itself is part of the finding. It is not an estimate of undisclosed emissions, and it would change if the company published them.

[1]Self-reported
Full-Year 2024 Results

gross operated absolute Scope 1 and 2 emissions have increased to 448,190 tCO2e in 2024 (2023: 435,792 tCO2e)

2024
Q1Q2Q3
View →
[2]Public record
OSPAR Report 2024

Environmental performance data for each of our operated assets is submitted to the UK environmental regulator (OPRED) via the Environmental Emissions Monitoring System (EEMS)

2024
Q1Q5Q6Q7
View →
[3]Self-reported
2024 Year-End Financial Results

On 30 January 2025, the Court of Session ruled that consent had been unlawfully given in relation to the sanctioning of the Rosebank field development and that a new consent application would be required which included Scope 3 emissions

2025
Q2Q3Q10
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[4]Self-reported
Net Zero and Energy Transition

Our focus today, and in the near term, is to deliver emissions reduction projects as set out in our asset ERAPs.

Ongoing
Q4Q8
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[5]Self-reported
Environmental ESG

Centralise environmental data collection post Business Combination

Ongoing
Q4Q6Q8
View →
[6]Self-reported
First-Half Results for the Six Months to 30 June 2025

number of reportable releases to sea (spills) fell by circa 70% in H1 2025, in comparison to H1 2024

2025
Q5Q7
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[7]Self-reported
Annual Environmental Public Statement 2021

Chemical use and discharge is strictly regulated and a permit is required before any use or discharge to sea

2021
Q7
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[8]Third-party verified
Banks Financing Company Behind Controversial Rosebank Oil Field

Ithaca Energy is a 'pure play' fossil fuel company that is dedicated to expansion and has no intention of transitioning away from oil and gas.

2024
Q10
View →
[9]Public record
Court Rules Rosebank and Jackdaw Approvals Invalid

Court rules Rosebank and Jackdaw approvals invalid

2025
Q10
View →
[10]Third-party verified
Banks Financing Company Behind Rosebank Oil Field

Over 80 organisations have written to the CEOs of 12 major banks, calling on them to stop financing Ithaca if it continues to pursue its Rosebank project.

2024
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Ithaca Energy in context

How does Ithaca Energy compare with other oil & gas companies?

Where Ithaca Energy sits among oil & gas peers.

Among the 12 major oil & gas brands we've scored, Ithaca Energy sits 10th of 12.

10/12
Ithaca Energy's rank
18
Industry average
12
Industry low
24
Industry high
How this score has moved

Has Ithaca Energy's score changed?

today

Score history begins .

As Ithaca Energy's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

Has Ithaca Energy's score been challenged?

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Ithaca Energy

Ithaca Energy is a UK-based oil and gas exploration and production company formed in 2019, operating 36 producing fields in the North Sea. The company produces approximately 80–119 kboe per day and is listed on the London Stock Exchange. It is a pure-play fossil fuel operator with no renewable energy or transition business.

Founded
2019
Headquarters
United Kingdom
Employees
~800
Annual revenue
~$2.0B EBITDAX (2025)
Company website ↗
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