Tatneft Sustainability Profile
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.
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.
Industry Benchmark
Tatneft's score of 11 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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 comprehensive total emissions data for Scope 1, 2, and 3 are not disclosed. The emissions data from previous years indicates a trend of increasing specific emissions, with values of about 3,115 kg CO2e per tonne in 2015 and 3,520 kg CO2e per tonne in 2014. Tatneft has not established any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction initiatives suggests a need for enhanced climate strategies to align with industry standards and expectations for sustainability. As a major player in the oil and gas sector, Tatneft's emissions profile is critical in the context of global climate commitments. The company operates without cascaded emissions data from a parent organization, indicating that its reported figures are solely its own. Moving forward, Tatneft may benefit from setting clear reduction targets to improve its environmental performance and meet stakeholder expectations.
How Carbon Intensive is Tatneft's Industry?
How Carbon Intensive is Tatneft's Location?
Tatneft's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tatneft has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
