Nigerian National Petroleum Corporation
Nigerian National Petroleum Corporation (NNPC) is a fully state-owned company headquartered in Nigeria. In 2021 its revenue was USD 15.71 billion. Nigerian National Petroleum Corporation (NNPC) is an integrated oil and gas company based in Nigeria. It is the only entity licensed to operate in the country's petroleum industry.
- Ranking position
- #85 /99
- Total score
- 3.1 /100
- ACT
- 0.6 /60
- Core social indicators
- 2.5 /20
- Just transition
- 0.0 /20
- Performance score
- 0.4 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
ACT score components
Act Assessment
Leading Practices
No leading practices were identified for this company.
Risks and Opportunities
Trend
Nigerian National Petroleum Corporation (NNPC) receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. NNPC has not set any emissions reduction targets and has not developed a transition plan. There is no evidence to suggest that the company intends to transition its business model away from carbon-intensive activities. The company is increasing the proportion of gas in its energy mix compared to oil, which will likely lead to decreases in its scope 1, 2 and 3 emissions intensity. However, the company is still on track to exceed its 1.5°C carbon budget over the period 2022 to 2050 by over 10%.
Progress towards the Paris Agreement
Social assessment
Core Social Assessment
See results for
More about the company
- Headquarters
- Abuja, Nigeria
- Ownership
- Fully state-owned
- Revenue
- USD 15.7 billion
- Employees
- -
- Website
- https://www.nnpcgroup.com/