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Crude Oil Extraction
RU
updated 18 days ago

Tatneft

Company website

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.

DitchCarbon Score

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.

8

Industry Average

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.

12

Industry Benchmark

Tatneft's score of 8 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

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Tatneft's reported carbon emissions

In 2016, PJSC Tatneft reported specific emissions of approximately 2,869 kg CO2e per tonne of oil produced. This figure reflects the company's operational impact within the petroleum sector, although no comprehensive total emissions data is available for that year. The emissions data for previous years indicates a trend of increasing specific emissions, with values of about 3,115 kg CO2e per tonne in 2015, 3,520 kg CO2e per tonne in 2014, and 3,557 kg CO2e per tonne in 2013. Tatneft has not disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed emissions data across Scope 1, 2, and 3 suggests a need for enhanced transparency and reporting in line with industry standards. As of now, the company has not cascaded any emissions data from a parent or related organization, indicating that its reported figures are solely derived from its own operations. Overall, while Tatneft's specific emissions per tonne of oil produced are documented, the lack of comprehensive emissions data and reduction initiatives highlights an area for potential improvement in their climate strategy.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. Tatneft's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Tatneft is in RU, which has a medium grid carbon intensity relative to other regions.

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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