- Potential negative impact of reduced oil and gas demand due to clean energy alternatives
- Potential for community opposition affecting strategic goals
- Potential for complicity in human rights violations through contracted labor or supply chain
- Potential for EHS incidents resulting in injuries or fatalities
- Potential for ineffective partner engagement
- Potential for financial mismanagement or inability to maximize recovery/monetize assets
- Potential for complicity in bribery or corruption
- Potential for violation of securities and other government regulations
- Potential for ineffective board oversight
- Potential for political and societal risks disrupting operations
Africa Oil Corp.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Africa Oil Corp. disclosed greenhouse gas emissions of 106.6K tCO2e/year. By scope: Scope 3: 2.9K ktCO2e/year. 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
106.6K tCO2e/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.9K ktCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 106.6K tCO2e/year |
| 2022 | 117.0K tCO2e |
| 2021 | 127.0 ktCO2e (Corporate-wide) |
| 2020 | 129.2K t CO2-e (indirect emissions) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced net Scope 1 and 2 emissions by 9% year-over-year to 106,582 tCO2e
- Reduced net flaring by 31% year-over-year
🎯 Climate & Sustainability Targets
🔜 Short-term
- 25% reduction in absolute emissions on existing non-operated producing assets by 2025 (compared to 2020 baseline)
📅 Medium-term
- Support operating partners towards zero routine flaring and further absolute emissions reductions
🌱 ESG Focus Areas
GovernanceEnvironmental StewardshipStrong Communities