Afren PLC Sustainability Profile
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.
DitchCarbon Score
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.
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
Afren PLC's score of 6 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Afren PLC's reported carbon emissions
Afren PLC, headquartered in Great Britain, has reported carbon emissions data primarily through intensity ratios rather than absolute emissions figures. The most recent data available is from 2014, where the company reported an intensity ratio of approximately 0.45 tonnes CO2e per 1,000 tonnes of hydrocarbon produced. This follows a trend of decreasing intensity ratios over the previous years, with values of about 0.2 tonnes CO2e in 2013, 0.3 tonnes CO2e in 2012, and 0.4 tonnes CO2e in 2011. Despite the absence of specific absolute emissions data (Scope 1, 2, or 3), Afren PLC has not disclosed any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organization, indicating that it operates independently in its climate reporting. Overall, while Afren PLC has shown a commitment to monitoring its carbon intensity, it lacks specific reduction targets or comprehensive emissions data, which are critical for assessing its overall climate impact and commitments.
How Carbon Intensive is Afren PLC's Industry?
How Carbon Intensive is Afren PLC's Location?
Afren PLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Afren PLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
