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 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, reflecting their operational impact in the petroleum sector. This figure represents a decrease from 3,115 kg CO2e per tonne in 2015 and 3,520 kg CO2e per tonne in 2014, indicating a trend towards improved efficiency in their production processes. Tatneft has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The company has not publicly committed to any climate pledges or reduction initiatives, which may limit their accountability in addressing climate change. The emissions data is sourced directly from PJSC Tatneft's annual reports, with no cascaded data from parent or related organizations. As the company continues to operate in a carbon-intensive industry, their future commitments and strategies will be crucial in aligning with global climate goals.
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.
