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's emissions for 2023 were higher, at about 106,578,000 kg CO2e for Scope 1 and 4,100 kg CO2e for Scope 2, alongside significant Scope 3 emissions of approximately 2,937,388,000 kg CO2e from the use of sold products. Africa Oil has set ambitious climate commitments, aiming for a 25% reduction in absolute Scope 1 and Scope 2 emissions by the end of 2025, using 2020 as the baseline. This target reflects a proactive approach to mitigating climate impact, with the company on track to meet these goals. The reduction initiatives are part of a broader strategy to enhance sustainability across its operations, particularly focusing on non-operated producing assets. The company has demonstrated a commitment to transparency in its emissions reporting, with data disclosed across multiple scopes, including Scope 1 and Scope 3. Africa Oil's emissions intensity for Scope 1 was reported at 0.0143 kg CO2e/boe in 2023, indicating ongoing efforts to improve operational efficiency and reduce greenhouse gas emissions in line with industry standards.
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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.
