Addax Petroleum Corporation
Addax Petroleum Corporation, a prominent player in the oil and gas industry, is headquartered in Switzerland (CH) and operates primarily in West Africa and the Middle East. Founded in 1994, the company has established itself as a leader in exploration and production, focusing on both onshore and offshore oil fields. Addax Petroleum is renowned for its commitment to sustainable practices and innovative technologies, which enhance its operational efficiency and environmental stewardship. The company’s core services include oil exploration, production, and development, with a strong emphasis on maximising resource potential while minimising ecological impact. With a robust market position, Addax Petroleum has achieved significant milestones, including successful partnerships and strategic acquisitions that bolster its portfolio. The company continues to be recognised for its contributions to the energy sector, driving advancements in oil production and sustainability.
DitchCarbon Score
How does Addax Petroleum Corporation'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 Crude Oil Extraction 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
Addax Petroleum Corporation's score of 17 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Addax Petroleum Corporation, headquartered in Switzerland (CH), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of China Petroleum & Chemical Corporation, which may influence its climate commitments and reporting practices. As of now, Addax Petroleum has not established any documented reduction targets or climate pledges. The lack of specific emissions data and reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Given its affiliation with China Petroleum & Chemical Corporation, any potential climate commitments or emissions data may be cascaded from this parent organization. However, specific details regarding these initiatives or targets have not been disclosed. In summary, Addax Petroleum Corporation's current climate commitments and carbon emissions data remain unspecified, reflecting a need for further transparency and action in addressing climate change within the industry.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 148,380,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
| Scope 2 | 24,180,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 3 | - | - | - | - |
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.
Addax Petroleum Corporation is not participating in any 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.
