Lukoil, officially known as Lukoil Oil Company, is a prominent player in the global energy sector, headquartered in Russia. Founded in 1991, the company has rapidly evolved into one of the largest oil and gas producers in the world, with significant operations across Europe, the Middle East, and Africa. Lukoil's core business areas encompass exploration, production, refining, and distribution of oil and gas, alongside petrochemical manufacturing. The company is renowned for its commitment to innovation and sustainability, offering high-quality fuels and lubricants that meet stringent environmental standards. With a strong market position, Lukoil has achieved notable milestones, including extensive investments in technology and infrastructure, solidifying its reputation as a leader in the energy industry.
How does Lukoil'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.
Mean score of companies in the Petroleum Electricity 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.
Lukoil's score of 20 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lukoil reported total carbon emissions of approximately 36,898,000,000 kg CO2e from Scope 1, which includes direct emissions from owned or controlled sources, and 4,921,000,000 kg CO2e from Scope 2, which covers indirect emissions from the generation of purchased electricity. The total emissions from Scope 1 and 2 combined reached about 41,818,000,000 kg CO2e. Historically, Lukoil's emissions have shown fluctuations. For instance, in 2014, the company reported 30,260,000,000 kg CO2e in Scope 1 emissions in Russia, while global Scope 2 emissions were approximately 7,800,000,000 kg CO2e, and Scope 3 emissions were about 109,600,000,000 kg CO2e. Despite these figures, Lukoil has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a challenging industry context, where significant emissions are typical due to the nature of oil and gas operations. Overall, Lukoil's emissions data highlights the ongoing environmental impact of its operations, while the lack of defined reduction commitments raises questions about its long-term climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 7,800,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 109,600,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
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.
Lukoil is not committed to any reduction initiatives 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.