Maurel & Prom Angola Sustainability Profile
Maurel & Prom Angola, a subsidiary of the French oil and gas company Maurel & Prom, operates primarily in Angola's offshore oil sector. Established in 1994, the company has made significant strides in exploration and production, focusing on the development of oil fields in the prolific Lower Congo Basin. With its headquarters in France, Maurel & Prom Angola has positioned itself as a key player in the Angolan energy market, leveraging advanced technologies and sustainable practices. The company is renowned for its commitment to operational excellence and environmental stewardship, which sets it apart in the competitive oil industry. Notable achievements include successful partnerships and significant production milestones, reinforcing its reputation as a reliable contributor to Angola's economy and energy landscape.
DitchCarbon Score
How does Maurel & Prom Angola'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 Crude Oil Extraction 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
Maurel & Prom Angola's score of 8 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Maurel & Prom Angola's reported carbon emissions
In 2022, Maurel & Prom Angola reported significant carbon emissions, with a total of approximately 12,549,000,000 kg CO2e from Scope 1 and 2 emissions. This figure reflects the emissions from fixed and mobile combustion sources within their operated subsidiaries in Gabon and Tanzania. The company has shown a slight decrease in emissions intensity, with 0.018 kg CO2e per unit of revenue in 2022, compared to 0.021 kg CO2e in 2021 and 0.03 kg CO2e in 2020. While specific reduction targets or initiatives have not been disclosed, Maurel & Prom Angola has not reported any climate pledges or commitments to the Science Based Targets initiative (SBTi). The absence of detailed Scope 3 emissions data indicates a potential area for future focus, as these emissions often represent a significant portion of a company's overall carbon footprint. Overall, Maurel & Prom Angola's emissions data highlights the need for ongoing monitoring and potential enhancement of their climate commitments to align with industry standards and expectations.
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| 2016 | 2017 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 291,000 | 000,000 |
| Scope 3 | - | 0,000,000 |
How Carbon Intensive is Maurel & Prom Angola's Industry?
How Carbon Intensive is Maurel & Prom Angola's Location?
Maurel & Prom Angola's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Maurel & Prom Angola'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.
Maurel & Prom Angola 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.
