Nostrum Oil & Gas PLC
Nostrum Oil & Gas PLC, a prominent player in the oil and gas industry, is headquartered in Great Britain and operates primarily in the oil-rich regions of Kazakhstan. Founded in 1997, the company has established itself as a key operator in the exploration and production of hydrocarbons, focusing on the development of its flagship asset, the Chinarevskoye field. Nostrum Oil & Gas is renowned for its commitment to efficient production techniques and sustainable practices, setting it apart in a competitive market. With a strong emphasis on innovation, the company has achieved significant milestones, including the successful expansion of its production capacity. As a result, Nostrum has positioned itself as a reliable supplier of high-quality oil and gas products, contributing to energy security in the region and beyond.
DitchCarbon Score
How does Nostrum Oil & Gas PLC'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
Nostrum Oil & Gas PLC's score of 30 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nostrum Oil & Gas PLC's reported carbon emissions
In 2023, Nostrum Oil & Gas PLC reported total greenhouse gas emissions of approximately 180,157,000 kg CO2e. This figure includes 180,136,000 kg CO2e from Scope 1 emissions, which primarily arise from stationary combustion (about 176,954,000 kg CO2e) and fugitive emissions (approximately 3,134,000 kg CO2e). Scope 2 emissions accounted for about 21,000 kg CO2e, while Scope 3 emissions were reported at approximately 1,480,000 kg CO2e, with significant contributions from purchased goods and services (about 1,430,000 kg CO2e) and waste generated in operations (approximately 289,000 kg CO2e). Nostrum has set ambitious climate commitments, aiming for a 5% year-on-year reduction in actual CO2 emissions for 2023, which aligns with their reported emissions of 176,277 tonnes CO2. Additionally, the company is committed to achieving net zero emissions by 2060, contributing to Kazakhstan's strategy for carbon neutrality. This long-term goal is part of a broader initiative to reduce greenhouse gas emissions by 15% from 1990 levels by 2030. Overall, Nostrum Oil & Gas PLC is actively working towards reducing its carbon footprint through specific targets and initiatives, demonstrating a commitment to sustainability and climate responsibility.
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.
Nostrum Oil & Gas PLC 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.
