Naftogaz
Naftogaz is a state-owned integrated oil and gas company headquartered in Ukraine. In 2019, it had USD 6.40 billion in revenue and a reported 55,078 employees*. Naftogaz aims to transition into an energy company with a portfolio of renewable energy products and energy efficiency services. However, the company continues to expand its gas resource base and hydrocarbon production.
- Ranking position
- #59 /100
- Total score
- 4.0 /100
- Performance score
- 1.7 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Naftogaz receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Despite its commitment to reach carbon neutrality by 2040, the company has not set scope 1 and 2 or scope 1, 2 and 3 emissions reduction targets. As such, it is not on track to keep pace with the rate of reductions required by its 1.5°C pathway. Without a detailed transition plan or significant CapEx dedicated to low-carbon projects and emissions reduction, Naftogaz is unlikely to attain its goal of becoming an integrated energy company and achieving carbon neutrality.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Kyiv, Ukraine
- Group revenue
- (2019) UAH 149,781,000,000 (USD 6.40 billion)
- Ownership structure
- State owned
- Number of employees
- 55,078
- Scope of activity
- Fully integrated
- Website
- https://www.naftogaz.com/