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National Oil Corporation of Libya

National Oil Corporation of Libya is a fully state-owned company headquartered in Libya. In 2021 its revenue was USD 21.56 billion. The National Oil Corporation of Libya is a fully integrated oil and gas company and has a chemicals segment. The company accounts for approximately 70% of the country’s oil output, while Libya holds Africa’s largest proven oil reserves.
Ranking position
#96 /99
Total score
0.3 /100

0.3 /60
Core social indicators
0.0 /20
Just transition
0.0 /20

ACT score components

Performance score
0.2 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-99)


#1 0.0 /100 #66

Material investment

#1 1.2 /100 #70

Intangible investment

#1 0.0 /100 #11

Sold products

#1 1.9 /100 #45


#1 1.5 /100 #88

Supplier engagement

#1 0.0 /100 #50

Client engagement

#1 0.0 /100 #45

Policy engagement

#1 6.0 /100 #76

Business model

#1 0.0 /100 #66
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


Libyan National Oil receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company has not set any decarbonisation targets and has not developed a transition plan. The company’s lack of action means there is no evidence that the company’s scope 1, 2 and 3 emissions intensity has decreased since 2018 or will decrease over the next five years, diverging even further from its 1.5°C pathway. Libyan National Oil is also projected to significantly exceed its scope 3 carbon budget between 2022 and 2050.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

See results for

  1. 2021

More about the company

Tripoli, Libya
Fully state-owned
USD 21.6 billion

This company is part of the SDG2000, the 2,000 most influential companies

See company profile SDG2000