Petrofac
Petrofac Limited, a leading international service provider to the oil and gas industry, is headquartered in Great Britain. Founded in 1991, the company has established a strong presence in key operational regions, including the Middle East, North Africa, and the Asia-Pacific. Petrofac specialises in engineering, procurement, construction, and operations, delivering innovative solutions that enhance efficiency and safety in energy production. With a commitment to sustainability and local content, Petrofac stands out for its ability to adapt to the evolving energy landscape. The company has achieved significant milestones, including successful project completions and strategic partnerships, solidifying its market position as a trusted partner in the energy sector. Through its diverse portfolio of services, Petrofac continues to drive value for clients while contributing to the global energy transition.
DitchCarbon Score
How does Petrofac's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Petrofac's score of 19 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrofac's reported carbon emissions
In 2023, Petrofac reported total carbon emissions of approximately 172,000,000 kg CO2e, comprising about 167,000,000 kg CO2e from Scope 1 and about 5,000,000 kg CO2e from Scope 2 emissions. Over the years, the company has shown fluctuations in its emissions, with a notable peak in 2021 at approximately 197,000,000 kg CO2e for Scope 1 and 2 combined, alongside a significant Scope 3 emission of about 3,650,000,000 kg CO2e. Petrofac's emissions data from previous years indicates a general trend of reduction in Scope 1 and 2 emissions, with 2020 emissions recorded at about 260,000,000 kg CO2e, down from approximately 281,000,000 kg CO2e in 2015. However, the company has not set specific reduction targets or initiatives as part of its climate commitments, nor has it engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. The company’s emissions intensity, measured in kg CO2e per million USD revenue, has varied, reflecting its operational changes and revenue fluctuations. As of 2023, Petrofac continues to focus on its emissions reporting but lacks defined reduction strategies or pledges to significantly lower its carbon footprint in the near future.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 242,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 22,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 0,000,000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Petrofac is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
