Mari Petroleum Company Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-07 to 2024-06🗂️ Report periods on file: 2023-07 to 2024-06, 2023, 2022-2023, 2022

In its 2023-07 to 2024-06 reporting, Mari Petroleum Company Limited disclosed greenhouse gas emissions of 1.6M MT. 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.

💨
GHG Emissions
1.6M MT
2023-07 to 2024-06
💧
Water Usage
1.1K ML withdrawal 386 ML discharge
2023-07 to 2024-06
♻️
Waste
669 MT
2023-07 to 2024-06
⚙️
Energy Use
3.9M GJ
2023-07 to 2024-06

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-07 to 2024-061.6M MT
2022-20233.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Successful completion of ongoing projects (Ghazij discovery development, Shewa-1 EWT gas production, HRL Pressure Enhancement Facilities Project, Spinwarm-1 and Zarghun South-5 wells, additional horizontal wells in HRL Formation, Shewa and Ghazij field development, Mari Re-vitalization Project, seismic surveys)
  • Reduce GHG emissions

📅 Medium-term

  • Strengthen core business by increasing production and achieving 100% reserves replacement ratio (RRR)
  • Diversify business into mining, green hydrogen and renewables
  • Become a national leader in ESG

🔭 Long-term

  • Achieve Net Zero emissions

🌱 ESG Focus Areas

Climate ChangeBiodiversityWater ConservationWaste ManagementTalent NurturingDiversity, Inclusion, and Work-life BalanceHealth, Safety, and SecurityHuman RightsCommunity InvestmentClean and Green InitiativesGovernanceEthical Business Practices

⚠️ Challenges & Risks +

  • Volatile global environment and economic difficulties
  • Deteriorating security situation in Khyber Pakhtunkhwa and Balochistan
  • Accumulation of trade debts
  • National grid's capacity constraints and diversion of RLNG
  • Widening talent gap in the local job market
  • Fluctuations in the exchange rate between the USD and the PKR
  • Circular debt issue
  • Sub-judice GIDC dispute

📋 Report Information

Reporting Period: 2023-07 to 2024-06
Frameworks: GRI Standards, GRI 11 Oil and Gas Sector Standard 2021, UNGC’s COP, IFRS S1 and S2 Standards, SASB Standard for Oil and Gas – Exploration and Production industry, AA1000APS-principles
Assurance: Ferso ESG, Nadeem Safdar & Co. Chartered Accountants