National Iranian Oil Company (NIOC)
National Iranian Oil Company (NIOC) is a state-owned integrated oil and gas company headquartered in Iran. In 2020, it had a reported 87,500 employees*. The company did not disclose its revenue. Despite being one of the largest oil and gas companies in the world, NIOC shows no evidence of engagement with the low-carbon transition. The company has no transition plan or climate strategy.
- Ranking position
- #80 /100
- Total score
- 2.1 /100
- Performance score
- 0.9 /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
NIOC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. There is no evidence that the company is aware of climate change issues or is engaging with the low-carbon transition. Given this, it seems unlikely that its emissions will reduce and align with its 1.5°C pathway, especially its scope 3 in-use emissions over which the company has less control, unless it invests in alternatives to oil and gas. However, NIOC appears wholly dependent on its fossil fuel business and there are no indications that it has any plans or strategy for low-carbon business activities.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Tehran, Iran
- Group revenue
- Not available
- Ownership structure
- State owned
- Number of employees
- 87,500
- Scope of activity
- Fully integrated
- Website
- https://en.nioc.ir/portal/home/