Oman Oil Sustainability Profile
Oman Oil Company S.A.O.C., commonly referred to as Oman Oil, is a prominent player in the energy sector, headquartered in Muscat, Oman. Established in 1996, the company has significantly contributed to the development of the oil and gas industry in the region, focusing on exploration, production, and refining. Oman Oil operates primarily in Oman and has expanded its reach into various international markets, enhancing its global footprint. The company is renowned for its commitment to sustainable practices and innovation, offering a diverse range of products, including crude oil, natural gas, and refined petroleum products. With a strong market position, Oman Oil has achieved notable milestones, including strategic partnerships and investments that bolster its operational capabilities. Its dedication to quality and sustainability sets it apart in the competitive energy landscape.
DitchCarbon Score
How does Oman Oil'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 Gas/Diesel Oil 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
Oman Oil's score of 26 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oman Oil's reported carbon emissions
In 2024, Oman Oil reported total greenhouse gas emissions of approximately 6,626,458,020 kg CO2e, comprising about 6,048,518,590 kg CO2e from Scope 1 and about 577,940,430 kg CO2e from Scope 2 emissions. In 2023, the company recorded total emissions of around 7,054,393,740 kg CO2e, with Scope 1 emissions at approximately 6,954,994,800 kg CO2e and Scope 2 emissions at about 953,999,940 kg CO2e. The emissions data for 2022 indicated a total of about 6,063,297,310 kg CO2e, with Scope 1 emissions of approximately 7,535,840,180 kg CO2e and Scope 2 emissions of around 552,457,130 kg CO2e. Oman Oil has set an interim goal to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 25% from a 2021 baseline by the year 2030. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. The company is currently on track to meet its reduction targets, demonstrating a commitment to sustainability and environmental responsibility. The emissions data is sourced from OQ SAOC, the parent company, and reflects the company's ongoing efforts to monitor and manage its environmental impact effectively.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 513,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Oman Oil's Industry?
How Carbon Intensive is Oman Oil's Location?
Oman Oil'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.
Oman Oil 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.
