Tullow Oil

Tullow Oil's reported carbon emissions

Tullow Oil's carbon emissions reporting shows a significant reduction in total emissions from approximately 1.43 billion kg CO2e in 2017 to approximately 10.52 million kg CO2e in 2024. In 2024, Tullow Oil reported total emissions of approximately 10,516,000 kg CO2e. This breaks down into: * **Scope 1:** Approximately 2,096,000 kg CO2e * **Scope 2:** Approximately 1,030 kg CO2e * **Scope 3:** Approximately 8,419,000 kg CO2e In the preceding year, 2023, total emissions were approximately 11,699,000 kg CO2e, comprising: * **Scope 1:** Approximately 2,342,000 kg CO2e * **Scope 2:** Approximately 870 kg CO2e * **Scope 3:** Approximately 9,356,000 kg CO2e Looking further back, in 2022, total emissions were approximately 8,939,000 kg CO2e, with Scope 1 at approximately 2,258,000 kg CO2e, Scope 2 at approximately 810 kg CO2e, and Scope 3 at approximately 6,680,000 kg CO2e. Tullow Oil has established several key climate commitments: * The company is committed to achieving **Net Zero on its Scope 1 and 2 emissions by 2030**, on a net equity basis. This includes decarbonising its operated assets in Ghana and investing in nature-based carbon offset initiatives for hard-to-abate emissions. * Tullow Oil aims to reduce greenhouse gas (GHG) emissions by at least **40% by 2025**, on a net equity basis from a 2020 baseline. This target is being driven by the prioritisation of eliminating routine flaring at its Jubilee and TEN fields. The company's industry context involves the mining and quarrying of chemical and fertilizer minerals, salt, and other products. It is headquartered in the UK (GB).