Tatneft
Tatneft is a publicly listed fully integrated oil and gas company headquartered in Russia. In 2020, it had USD 12.61 billion in revenue and a reported 60,000 employees*. Tatneft shows little evidence of any climate action or commitment for a low-carbon transition. Tatneft explores, produces and markets crude oil and refined products. It is one of the largest vertically integrated oil companies in Russia in terms of crude oil production and proved oil reserves.
- Ranking position
- #49 /100
- Total score
- 5.2 /100
- Performance score
- 2.2 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
Risks and opportunities
Trend
Tatneft receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Although the company has a target to reduce CO2 emissions by 10% by 2025 compared to 2016, and it has already achieved a 5% reduction, this rate of reduction is insufficient for the company to align with its 1.5°C pathway. Tatneft’s emissions reduction targets do not cover methane, even though this is one area where the company is trying to reduce emissions. Furthermore, there is no evidence of any planned changes to Tatneft’s strategy and business model.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Almetyevsk, Russia
- Group revenue
- RUB 932,296,000,000 (USD 12.61 billion)
- Ownership structure
- Publicly listed
- Number of employees
- 60,000
- Scope of activity
- Fully integrated
- Website
- https://www.tatneft.ru/