Africa Oil Sustainability Profile
Africa Oil Corp, commonly referred to as Africa Oil, is a prominent player in the oil and gas industry, headquartered in Calgary, Alberta, Canada. Founded in 2007, the company has established a significant presence in East Africa, particularly in countries like Kenya and Ethiopia, where it focuses on exploration and development of oil resources. Specialising in the acquisition and development of oil assets, Africa Oil is recognised for its strategic partnerships and innovative approaches to resource management. The company’s core offerings include exploration, production, and development of oil fields, which are distinguished by their commitment to sustainable practices and community engagement. With a strong market position, Africa Oil has achieved notable milestones, including successful drilling campaigns and significant resource discoveries, solidifying its reputation as a leader in the African oil sector.
DitchCarbon Score
How does Africa Oil'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
Africa Oil's score of 35 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Africa Oil's reported carbon emissions
In 2024, Africa Oil reported total carbon emissions of approximately 98,978,500 kg CO2e, with Scope 1 emissions accounting for about 98,978,500 kg CO2e and Scope 3 emissions from business travel contributing approximately 694,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 25% reduction in absolute Scope 1 and Scope 2 emissions by the end of 2025, using 2020 as the baseline. This commitment reflects a proactive approach to climate responsibility, aligning with industry standards for emissions reduction. In 2023, Africa Oil's emissions were approximately 106,582,000 kg CO2e, with Scope 1 emissions at about 106,578,000 kg CO2e and Scope 2 emissions at approximately 4,100 kg CO2e. The company also reported significant Scope 3 emissions, particularly from the use of sold products, which totalled approximately 2,937,388,000 kg CO2e. The emissions data from previous years shows a trend of decreasing emissions, with 2022 figures at approximately 117,165,000 kg CO2e and 2021 at about 126,920,000 kg CO2e. This downward trajectory indicates progress towards their reduction targets. Africa Oil's climate commitments are not only focused on emissions reduction but also demonstrate a broader commitment to sustainability within the oil and gas sector. The company is on track to meet its near-term targets, reinforcing its dedication to mitigating climate impact while maintaining operational efficiency.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 129,200,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 20,000 | - | - | 0,000 | - |
| Scope 3 | - | - | - | 0,000,000,000 | 000,000 |
How Carbon Intensive is Africa Oil's Industry?
How Carbon Intensive is Africa Oil's Location?
Africa Oil's Scope 3 Categories Breakdown
Africa Oil's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 100% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Africa Oil'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.
Africa Oil 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.
