Tatneft, officially known as Tatarstan Oil Company, is a prominent player in the oil and gas industry, headquartered in Russia. Established in 1950, the company has grown to become one of the largest oil producers in the country, with significant operations in Tatarstan and other regions across Russia. Tatneft's core business areas include oil extraction, refining, and petrochemical production, alongside a strong focus on innovative technologies and sustainable practices. The company is renowned for its high-quality crude oil and advanced refining processes, which set it apart in a competitive market. With a commitment to environmental responsibility and technological advancement, Tatneft has achieved notable milestones, solidifying its position as a leader in the energy sector. Its dedication to excellence and sustainability continues to drive its success in the ever-evolving oil and gas landscape.
How does Tatneft'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.
Mean score of companies in the Crude Oil Extraction 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.
Tatneft's score of 6 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Tatneft has reported specific emissions per tonne of oil production, with figures showing a decrease from approximately 3,520 kg CO2e in 2014 to about 2,869 kg CO2e in 2016. This indicates a significant reduction in emissions intensity over this period, reflecting the company's efforts to improve operational efficiency and reduce its carbon footprint. However, there are no disclosed targets for carbon emissions reduction or specific climate pledges from Tatneft. The absence of formal commitments suggests that while the company has made strides in reducing emissions intensity, it may not have established comprehensive climate strategies or targets aligned with industry standards. Tatneft's emissions data primarily focuses on production-related emissions, but it lacks detailed disclosures regarding Scope 1, 2, or 3 emissions. This lack of transparency may limit stakeholders' ability to fully assess the company's overall climate impact and commitments.
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.
Tatneft 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.