Bashneft
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 23 is higher than 54% 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, and a more substantial reduction of over 25% 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 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
