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.
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.
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.
Bashneft's score of 21 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2016, Bashneft reported greenhouse gas emissions of approximately 156,000 kg CO2e per tonne from oil refining and about 24,000 kg CO2e per tonne from its gas business. The emissions data for previous years indicates a trend, with 2015 emissions at about 175,000 kg CO2e per tonne for oil refining and 67,000 kg CO2e per tonne for gas. In 2014, emissions were approximately 161,000 kg CO2e per tonne for oil and gas production and 102,000 kg CO2e per tonne for gas. Bashneft, as a current subsidiary of Public Joint Stock Company Rosneft Oil Company, has set ambitious climate commitments. The company aims to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 5% by 2025 and more than 25% by 2035. Additionally, the Rosneft-2030 Strategy prioritises achieving operational carbon neutrality by 2050, reflecting a long-term commitment to reducing its carbon footprint. These targets are part of a broader industry context where companies are increasingly held accountable for their environmental impact, aligning with global climate initiatives. Bashneft's emissions data and reduction initiatives are cascaded from its parent company, Rosneft, which underscores the importance of corporate family relationships in climate reporting and accountability.
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.
Bashneft is not participating in any of the initiatives that 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.