Oando PLC Sustainability Profile
Oando PLC, a leading integrated energy solutions provider, is headquartered in Nigeria (NG) and operates extensively across West Africa. Founded in 1956, the company has established itself as a key player in the oil and gas industry, focusing on exploration, production, and marketing of petroleum products. Oando's core offerings include upstream exploration and production, midstream services, and downstream marketing, distinguished by their commitment to sustainability and innovation. The company has achieved significant milestones, including strategic partnerships and expansions that enhance its market position. With a strong emphasis on local content and community development, Oando PLC continues to drive growth and contribute to the energy landscape in Nigeria and beyond.
DitchCarbon Score
How does Oando 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
Oando PLC's score of 16 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oando PLC, headquartered in Nigeria (NG), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Ocean and Oil Development Partners Limited, which may influence its climate reporting and initiatives. Despite the lack of specific emissions data, Oando PLC is part of a broader industry context that emphasises the importance of climate commitments and reduction initiatives. The company has not outlined any specific reduction targets or climate pledges, nor does it appear to have cascaded targets from parent organisations or industry initiatives such as the Science Based Targets initiative (SBTi). As a current subsidiary, Oando PLC's climate strategy may align with the overarching goals of its parent company, but specific details on emissions reduction or climate commitments remain unspecified. The absence of reported emissions data highlights a potential area for improvement in transparency and accountability regarding climate impact.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 9,774,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | - | - | - | 000,000 |
How Carbon Intensive is Oando PLC's Industry?
How Carbon Intensive is Oando PLC's Location?
Oando PLC'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.
Top Scope 3 Categories
Oando PLC'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.
Oando PLC 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.
