Sonatrach
Sonatrach is a fully state-owned integrated oil and gas company headquartered in Algeria. In 2020, it had USD 23 billion in revenue and a reported 200,000 employees*. Sonatrach is the national oil company of Algeria. It is the largest company in Africa with 154 subsidiaries and is often called the first African oil major. Sonatrach lacks a robust climate change strategy and governance process.
- Ranking position
- #82 /100
- Total score
- 1.9 /100
- Performance score
- 0.8 /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
Sonatrach receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. An increasing share of gas in the company’s sold product mix led to a marginally downward trend in its scope 1, 2 and 3 emissions intensity between 2014 and 2019. However, with no emissions reduction targets in place or clear plans to decarbonise its portfolio, the company will not be able to increase its emissions reductions at the rate required by its 1.5°C pathway. Further, Sonatrach’s early-stage renewable energy activities are undermined by its otherwise lacking low-carbon transition plan and the lack of a climate change strategy and governance.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Algiers, Algeria
- Group revenue
- USD 23 billion (estimated)
- Ownership structure
- State owned
- Number of employees
- 200,000
- Scope of activity
- Fully integrated
- Website
- http://www.sonatrach.co.uk