Bashneft Sustainability Profile
Bashneft, officially known as Bashneft Oil Company, is a prominent player in the Russian oil and gas industry, headquartered in Ufa, Russia. Founded in 1932, the company has established itself as a key operator in the exploration, production, and refining of oil, primarily in the Republic of Bashkortostan and surrounding regions. Bashneft's core offerings include crude oil extraction, petroleum refining, and the production of high-quality petrochemical products. The company is recognised for its advanced technologies and commitment to sustainable practices, which set it apart in a competitive market. With significant achievements in production efficiency and environmental stewardship, Bashneft continues to strengthen its position as a leading oil producer in Russia, contributing to the nation’s energy security and economic development.
DitchCarbon Score
How does Bashneft'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
Bashneft's score of 26 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bashneft's reported carbon emissions
In 2022, Bashneft reported significant carbon emissions, totalling approximately 55,800,000,000 kg CO2e for Scope 1 and about 16,100,000,000 kg CO2e for Scope 2, resulting in a combined total of around 71,900,000,000 kg CO2e for both scopes. The company has set ambitious targets to reduce its greenhouse gas emissions, aiming for a 5% reduction in absolute Scope 1 and Scope 2 emissions by 2025, with a further target of over 25% reduction by 2035. These commitments are part of the Rosneft-2030 Strategy, which prioritises the reduction of carbon footprint and aims for operational carbon neutrality by 2050. Bashneft's emissions data is cascaded from its parent company, Public Joint Stock Company Rosneft Oil Company, reflecting the broader corporate family's climate initiatives. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Bashneft's climate commitments align with industry standards, demonstrating a proactive approach to addressing climate change and reducing its environmental impact.
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| 2022 | |
|---|---|
| Scope 1 | 55,800,000,000 |
| Scope 2 | 16,100,000,000 |
| Scope 3 | - |
How Carbon Intensive is Bashneft's Industry?
How Carbon Intensive is Bashneft's Location?
Bashneft'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.
Bashneft 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.
