UK firm cheers certification of its carbon neutral status

London-based and AIM-listed natural resources investing company Deltic Energy has been certified as a carbon neutral business by Carbon Neutral Britain. This certification will require renewal on an annual basis.

Deltic Energy’s Scope 1, 2, and 3 emissions were assessed for the 12 months ending on October 31, 2023, by Carbon Neutral Britain. According to the AIM-listed firm, 100% of its corporate emissions have been offset through independently verified carbon offsetting projects.

Graham Swindells, Chief Executive of Deltic Energy, commented: “Deltic takes its obligations to the environment and the North Sea Transition Deal seriously, and this independent audit of our corporate greenhouse gas emissions footprint and carbon neutral certification is an important step in that process.

“We’ve chosen to offset our emissions through Carbon Neutral Britain’s Climate FundTM, which supports a range of global projects which have benefits above and beyond simple carbon offsetting. We will continue to monitor and, where possible, look to reduce our corporate footprint as we continue to move the business forward.”

Deltic recently confirmed that a two-well drilling campaign, covering the Shell-operated Selene and Pensacola wells, where the company acts as the oil major’s partner, was approved for 2024.