Petrofac Sustainability Profile
Petrofac Limited, a leading international service provider to the oil and gas industry, is headquartered in Great Britain. Founded in 1991, the company has established a strong presence in key operational regions, including the Middle East, North Africa, and the Asia-Pacific. Petrofac specialises in engineering, procurement, construction, and operations, delivering innovative solutions that enhance efficiency and safety in energy production. With a commitment to sustainability and local content, Petrofac stands out for its ability to adapt to the evolving energy landscape. The company has achieved significant milestones, including successful project completions and strategic partnerships, solidifying its market position as a trusted partner in the energy sector. Through its diverse portfolio of services, Petrofac continues to drive value for clients while contributing to the global energy transition.
DitchCarbon Score
How does Petrofac'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
Petrofac's score of 22 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrofac's reported carbon emissions
In 2023, Petrofac, headquartered in Great Britain, reported total carbon emissions of approximately 172,000,000 kg CO2e, comprising about 167,000,000 kg CO2e from Scope 1 and about 5,000,000 kg CO2e from Scope 2 emissions. This reflects a decrease from 2022, where total emissions were about 197,000,000 kg CO2e, with Scope 1 emissions at approximately 192,000,000 kg CO2e and Scope 2 emissions remaining consistent at about 5,000,000 kg CO2e. Petrofac has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges, which may limit its ability to demonstrate a structured approach to emissions reduction. Overall, while Petrofac has made strides in reducing its emissions from previous years, the absence of formal reduction targets and Scope 3 emissions data suggests that further commitments and transparency could enhance its climate strategy.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 242,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 22,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - |
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Petrofac'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.
Petrofac has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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