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.
In 2019, Tatneft reported carbon emissions of approximately 4,100,000,000 kg CO2e, all of which fall under Scope 1 emissions. This represents a significant increase from 2018, where emissions were about 3,400,000,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor has it participated in the Science Based Targets initiative (SBTi). Historically, Tatneft's emissions per tonne of oil production have shown a decreasing trend, with specific emissions reported at about 3,520 kg CO2e per tonne in 2014, reducing to approximately 2,869 kg CO2e per tonne by 2016. However, the lack of recent emissions data or formal climate pledges indicates a need for enhanced transparency and commitment to climate action moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | |
---|---|---|
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.