Petrofac
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 19 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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Petrofac's reported carbon emissions
In 2023, Petrofac, headquartered in Great Britain, reported total carbon emissions of approximately 167,000,000 kg CO2e for Scope 1 and about 5,000,000 kg CO2e for Scope 2, resulting in a combined total of around 172,000,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 192,000,000 kg CO2e for Scope 1 and 5,000,000 kg CO2e for Scope 2, leading to a total of about 197,000,000 kg CO2e. Petrofac has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for enhanced commitments in line with industry standards. Over the past few years, Petrofac's emissions have shown fluctuations, with a notable decrease from 2020's total of approximately 260,000,000 kg CO2e. The company’s emissions intensity, measured as greenhouse gas emissions per unit of revenue, has also been reported, reflecting their operational efficiency in relation to revenue generation. Overall, while Petrofac has made strides in reducing its carbon footprint, the absence of formal reduction targets highlights an area for potential improvement in their 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 | - | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Petrofac is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
