Tullow Oil plc, a prominent player in the chemical and fertilizer minerals sector, is headquartered in Great Britain. Founded in 1985, the company has established itself as a key operator in the mining and quarrying industry, focusing on oil and gas exploration and production across various regions, including West Africa and South America.
Specialising in the extraction of oil and gas, Tullow Oil is recognised for its innovative approaches to resource management and sustainable practices. The company has achieved significant milestones, including successful exploration campaigns that have bolstered its market position. With a commitment to operational excellence and environmental stewardship, Tullow Oil continues to be a leader in the industry, delivering unique solutions that meet the evolving needs of its clients and stakeholders.
+26 vs industry average
Tullow Oil’s score of 45 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Salt and Mineral Mining has typical carbon intensity
Industry performance
The Salt and Mineral Mining industry has reduced its overall emissions by 42% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tullow Oil's reported carbon emissions
Tullow Oil, a UK-based company operating in the mining and quarrying sector, reported approximately 10.5 million kg CO2e in total emissions for 2024. This figure comprises approximately 2.1 million kg CO2e of Scope 1 emissions and about 1 kg CO2e of Scope 2 emissions, with the majority, approximately 8.4 million kg CO2e, attributed to Scope 3 emissions.
In 2023, the company's total emissions were approximately 11.7 million kg CO2e, including about 2.3 million kg CO2e Scope 1 and around 0.9 kg CO2e Scope 2, and approximately 9.4 million kg CO2e Scope 3. For 2022, total emissions stood at approximately 8.9 million kg CO2e, with Scope 1 at approximately 2.3 million kg CO2e, Scope 2 at about 0.8 kg CO2e, and Scope 3 at approximately 6.7 million kg CO2e. Earlier years showed higher emission figures, with 2021 reporting approximately 3.1 billion kg CO2e (including 2.2 billion kg CO2e Scope 1, 0.5 million kg CO2e Scope 2, and 892 million kg CO2e Scope 3) and 2020 at approximately 2.4 billion kg CO2e (with 2.0 billion kg CO2e Scope 1, 1.3 million kg CO2e Scope 2, and 324 million kg CO2e Scope 3).
Tullow Oil is committed to reducing its environmental impact. The company aims to achieve Net Zero on its Scope 1 and 2 emissions by 2030. Furthermore, Tullow Oil is prioritising the elimination of routine flaring at its Jubilee and TEN fields, a strategy expected to reduce greenhouse gas emissions by at least 40% by 2025, based on a 2020 baseline and calculated on a net equity basis. This commitment to emissions reduction covers both Scope 1 and Scope 2.
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Tullow Oil’s Climate Goals (2030 & 2050)
5 goals2025
40% reduction in Scope 1
To deliver on our commitment, we are prioritising the elimination of routine flaring at our Jubilee and TEN fields, which we expect will dri…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Tullow Oil
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