Ocean and Oil Development Partners Limited Sustainability Profile
Ocean and Oil Development Partners Limited, often referred to as OODP, is a prominent player in the oil and gas industry, headquartered in Nigeria (NG). Established in 1996, the company has made significant strides in exploration, production, and development of oil and gas resources, primarily in the Niger Delta region. OODP is renowned for its commitment to sustainable practices and innovative solutions in energy production. The company offers a range of services, including upstream oil exploration and production, which distinguishes it from competitors through its focus on environmental stewardship and community engagement. With a strong market position, Ocean and Oil Development Partners Limited has achieved notable milestones, including successful partnerships and projects that enhance its reputation as a leader in the sector. The company continues to drive growth and innovation in the oil and gas landscape, contributing to Nigeria's energy future.
DitchCarbon Score
How does Ocean and Oil Development Partners Limited'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 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
Ocean and Oil Development Partners Limited's score of 14 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ocean and Oil Development Partners Limited's reported carbon emissions
In 2024, Ocean and Oil Development Partners Limited reported total carbon emissions of approximately 98,978,500 kg CO2e, with Scope 1 emissions accounting for about 98,978,500 kg CO2e and Scope 3 emissions from business travel contributing approximately 694,000 kg CO2e. The company has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 25% by 2025, using a 2020 baseline. This commitment reflects a proactive approach to climate action within the oil and gas sector. In 2023, the company’s total emissions were reported at approximately 12,263,000,000 kg CO2e, with Scope 1 emissions alone reaching about 10,779,000,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 10,879,000,000 kg CO2e, with Scope 1 emissions at about 9,779,000,000 kg CO2e. This trend indicates a significant carbon footprint, underscoring the importance of their reduction initiatives. Ocean and Oil Development Partners Limited is on track to meet its near-term targets for both Scope 1 and Scope 2 emissions, each aiming for a 25% reduction by 2025 compared to 2020 levels. These commitments are crucial for aligning with industry standards and addressing the urgent need for climate action in the energy sector.
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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 Ocean and Oil Development Partners Limited's Industry?
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Ocean and Oil Development Partners Limited'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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Ocean and Oil Development Partners Limited'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.
Ocean and Oil Development Partners Limited 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.
