Afren PLC, a prominent player in the oil and gas industry, is headquartered in Great Britain and operates primarily in Africa and the Middle East. Founded in 2004, the company has established itself as a key independent exploration and production firm, focusing on the development of oil and gas resources in high-potential regions. Afren is renowned for its innovative approach to upstream oil and gas operations, offering unique solutions that enhance resource extraction and operational efficiency. With a commitment to sustainable practices, the company has achieved significant milestones, including successful exploration projects and strategic partnerships that bolster its market position. As a result, Afren PLC continues to be recognised for its contributions to the energy sector, driving growth and development in the regions it serves.
How does Afren PLC'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 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.
Afren PLC's score of 3 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Afren PLC, headquartered in Great Britain, has reported a progressive reduction in its carbon emissions over the years, particularly in its hydrocarbon production intensity. In 2013, the company achieved an intensity ratio of approximately 0.2 tonnes CO2e per 1,000 tonnes of hydrocarbon produced, a significant improvement from 0.6 tonnes CO2e in 2009. This demonstrates a commitment to reducing its carbon footprint in the oil and gas sector. While specific absolute emissions data for recent years is not available, the company has shown a consistent trend of decreasing emissions intensity, indicating a focus on sustainability and efficiency in operations. However, it is important to note that Afren PLC has not disclosed any formal reduction targets or climate pledges, which may limit its accountability in the context of global climate commitments. Overall, Afren PLC's efforts reflect an industry-wide movement towards lower carbon emissions, although further transparency regarding specific emissions data and reduction initiatives would enhance its climate commitment profile.
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.
Afren PLC 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.