ARA Petroleum

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2020-2022πŸ—‚οΈ Report periods on file: 2020-2022

In its 2020-2022 reporting, ARA Petroleum disclosed greenhouse gas emissions of 83.7K MT CO2e (2022). By scope: Scope 1: 10.1K MT CO2e (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

πŸ’¨
GHG Emissions
83.7K MT CO2e (2022)
2020-2022
πŸ’§
Water Usage
762.9K m3 (2022)
2020-2022
βš™οΈ
Energy Use
10.5M kWh (2022)
2020-2022

πŸ“Š Emissions by Scope (2020-2022)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).10.1K MT CO2e (2022)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ Short-term

  • 60% reduction in Scope 1 and 2 emissions by 2025

πŸ“… Medium-term

  • 30% reduction in Scope 1 and 2 emissions by 2030
  • Eliminate gas flaring from several fields by 2024

πŸ”­ Long-term

  • Achieve Net Zero Carbon by 2050

🌱 ESG Focus Areas

Climate ChangeHealth and SafetyIn-Country ValueCommunity EngagementWorkforce DevelopmentGovernance

⚠️ Challenges & Risks +

  • Increased energy consumption and GHG emissions due to growth in oil and gas production
  • Gas flaring
  • Managing HSE risks in field operations

πŸ“‹ Report Information

Reporting Period: 2020-2022
Frameworks: ESG (Environmental, Social, Governance Framework), World Business Council for Sustainable Development and World Resources Institute’s Greenhouse Gas Protocols, Occupational Safety and Health Administration (OSHA) Standards, American Petroleum Institute