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 11 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, aligning with industry standards for greenhouse gas reduction. In 2023, the company’s total emissions were reported at approximately 12,263,000,000 kg CO2e, with Scope 1 emissions at about 10,779,000,000 kg CO2e. The previous year, 2022, saw total emissions of around 10,879,000,000 kg CO2e, with Scope 1 emissions similarly high at approximately 9,779,000,000 kg CO2e. The trend indicates a significant carbon footprint, necessitating the outlined reduction initiatives. Ocean and Oil Development Partners Limited is committed to reducing its Scope 2 emissions by 25% by 2025, also based on a 2020 baseline. These targets demonstrate the company's dedication to mitigating its environmental impact and contributing to global climate goals. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Ocean and Oil Development Partners Limited.
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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 |
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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.
