Lycos Energy Inc.
Climate Impact & Sustainability Data (2021-12 to 2022-06, 2022, 2023, Q2 2024)
Reporting Period: 2021-12 to 2022-06
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate change
Climate Goals & Targets
Environmental Challenges
- Evolving demand for energy and climate change, including emissions, carbon and other regulations impacting climate and climate-related matters.
- The evolving energy transition and general sentiment to the oil and gas industry may result in reduced access to capital markets.
Mitigation Strategies
- The Company has considered the impacts of climate change and the evolving worldwide demand for energy and global advancement of alternative sources of energy that are not sourced from fossil fuels in its assessment of impairment and impairment reversal on its property, plant and equipment.
- Management will continue to adjust the capital structure to the dynamic environment.
Supply Chain Management
Climate-Related Risks & Opportunities
Transition Risks
- Reduced access to capital markets due to evolving energy transition and industry sentiment.
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: KPMG LLP
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Evolving Demand for Energy and climate change impacts
Mitigation Strategies
- Company has considered the impacts of climate change and the evolving worldwide demand for energy and global advancement of alternative sources of energy that are not sourced from fossil fuels in its assessment of impairment and impairment reversal on its property, plant and equipment.
- Company has considered the impact of the evolving worldwide demand for carbon-based energy in its assessment of depletion of its petroleum and natural gas properties.