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 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 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2019, Tatneft reported Scope 1 carbon emissions of approximately 4,100,000,000 kg CO2e. This marked an increase from about 3,400,000,000 kg CO2e in 2018. The company has shown a trend of increasing emissions over the years, with specific emissions per tonne of oil production decreasing from about 3,520 kg CO2e in 2014 to approximately 2,869 kg CO2e in 2016, indicating improvements in production efficiency. Despite these figures, Tatneft has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is aware of its emissions, it has yet to formalise a comprehensive strategy for significant reductions in its carbon footprint. Overall, Tatneft's emissions data reflects the challenges faced by the oil and gas industry in balancing production demands with climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | |
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Scope 1 | 3,400,000,000 | 0,000,000,000 |
Scope 2 | - | - |
Scope 3 | - | - |
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 committed to some reduction initiatives 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.