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Nigerian National Petroleum Corporation (NNPC)

Nigerian National Petroleum Corporation (NNPC) is a state-owned integrated oil and gas company headquartered in Nigeria. In 2019, it had USD 12.98 billion in revenue and a reported 6,621 employees*. NNPC has interests in exploration, refining, petrochemicals and product transportation and marketing. It has no low-carbon transition plan or targets and lacks adequate awareness of climate issues.

Ranking position
#83/100
Total score
1.7/100
Performance score
0.7/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-100)

Targets

0.0 /100 #38

Material Investment

6.6 /100 #52

Intangible Investment

0.0 /100 #20

Sold products

8.7 /100 #19

Management

0.9 /100 #87

Supplier Engagement

0.0 /100 #57

Client Engagement

0.0 /100 #53

Policy Engagement

10.0 /100 #69

Business Model

0.0 /100 #52

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

NNPC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. With no near-term and long-term emissions reduction targets, the company does not show potential for a decrease in its emissions in the near future. The company plans to develop renewable energy but does not provide growth targets and deployment schedules. As such, it is unclear how committed the company is to scaling these up. In the absence of emissions reduction targets and a detailed transition plan, it is predicted that NNPC will diverge further from its 1.5°C pathway.

Progress towards the Paris Agreement

More about the company

Headquarters
Abuja, Abuja, Nigeria
Group revenue
(2019) NGN 4,634,229 (USD 12.98 billion)
Ownership structure
State owned
Number of employees
6,621
Scope of activity
Fully integrated
Website
https://nnpcgroup.com/