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Savannah Energy, a prominent player in the crude petroleum sector, is headquartered in Nigeria (NG) and operates extensively across West Africa. Founded in 2014, the company has rapidly established itself in the crude oil extraction industry, focusing on services related to oil production while excluding surveying activities.
With a commitment to sustainable practices, Savannah Energy offers a range of core services that enhance operational efficiency and environmental responsibility. The company has achieved significant milestones, including strategic acquisitions that bolster its market position and expand its resource base.
Recognised for its innovative approach and dedication to local communities, Savannah Energy continues to make strides in the energy sector, positioning itself as a leader in crude oil extraction and related services.
+3 vs industry average
Savannah Energy’s score of 19 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Oil Extraction is among the most carbon-intensive industries
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Savannah Energy, headquartered in NG and operating in the crude petroleum and related services industry, reported its Scope 1 emissions as 36,101,000 kg CO2e and Scope 2 emissions as 115,500 kg CO2e for 2024. In 2023, the company's Scope 1 emissions were 70,741,000 kg CO2e and Scope 2 emissions were 63,100 kg CO2e. Looking back to 2022, Scope 1 emissions were 71,543,000 kg CO2e and Scope 2 emissions were 61,300 kg CO2e. In 2021, Savannah Energy reported Scope 1 emissions of 66,877,000 kg CO2e and Scope 2 emissions of 88,200 kg CO2e. For 2020, Scope 1 emissions were 91,507,000 kg CO2e and Scope 2 emissions were 68,200 kg CO2e. The company did not disclose emissions data for 2019.
Savannah Energy has set a long-term net-zero target across all scopes by 2050, as outlined in their 2023 Annual Report and Accounts. Additionally, their 2024 Sustainability Review indicates a net-zero CO2 emissions pathway for Scope 1 and Scope 2 by 2050, aligned with the Net Zero Emissions (NZE) Scenario for the global energy sector.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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