{"id":13529,"date":"2023-03-31T10:56:50","date_gmt":"2023-03-31T10:56:50","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=13529"},"modified":"2023-03-31T10:56:50","modified_gmt":"2023-03-31T10:56:50","slug":"africa-oils-2022-sustainability-report-shows-carbon-emissions-reduction","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oils-2022-sustainability-report-shows-carbon-emissions-reduction\/","title":{"rendered":"Africa Oil&#8217;s 2022 Sustainability Report Shows Carbon Emissions Reduction"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Africa Oil<strong> <\/strong> has announce that it has published its 2022 Sustainability Report outlining the Company&#8217;s approach to ESG management and provides an overview of the ESG-related performance for the period 1<sup>st<\/sup>\u00a0January to 31<sup>st<\/sup>\u00a0December 2022.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Net equity emissions of 117 kilo tonnes carbon dioxide equivalent (ktCO2e) during 2022, representing an 8% decrease compared to 2021.<\/li>\n\n\n\n<li>Gas flaring at the Company&#8217;s Nigerian assets reduced 27% year-over-year.<\/li>\n\n\n\n<li>More than 20% of emissions offset via purchase of Verra certified carbon credits on road to achieving carbon neutrality in 2025.<\/li>\n\n\n\n<li>Zero fatalities and Lost Time Injuries in&nbsp;Nigeria.<\/li>\n\n\n\n<li>Adopted new Diversity, Equity and Inclusion policy, including aspirational diversity targets at the Board and Management level.<\/li>\n\n\n\n<li>Continue to expand ESG disclosures, with Taskforce on Nature-related Financial Disclosures (&#8220;TNFD&#8221;) pilot and addition of Global Reporting Initiative (GRI).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Africa Oil Chief Executive Officer,&nbsp;Keith Hill, commented<\/strong>: &#8220;To meet our goal of carbon neutrality by 2025, we have actively advocated through our interest in Prime for emissions reduction opportunities at our assets in&nbsp;Nigeria, with a particular focus on flaring and asset optimization. I am delighted these efforts contributed to a 27% year-over-year decrease in flaring in 2022 and contributed to an 8% reduction in overall emissions. Flaring is now half the rate it was in 2019, before we acquired the assets, and we continue to see improvements, with average flaring levels year-to-date in 2023 roughly a third of those in 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We have also continued to strengthen our approach to social and governance matters internally, including the introduction of a new Diversity, Equity and Inclusion Policy, which enshrines our commitment to promoting diversity across the organization. I am also pleased to report that Africa Oil renewed its membership in the Extractive Industries Transparency Initiative (EITI) and the United Nations Global Compact. As such, I am pleased to reaffirm our support for the EITI Principles and the Ten Principles of the UNGC in the areas of Human Rights, Labour, Environment and Anti-Corruption.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Oil has announce that it has published its 2022 Sustainability Report outlining the Company&#8217;s approach to ESG management and provides an overview of the ESG-related performance for the period &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/africa-oils-2022-sustainability-report-shows-carbon-emissions-reduction\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":13530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7444],"tags":[70,712,11148,3107,1749,11147],"class_list":["post-13529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-west-africa","tag-africa-oil","tag-eiti","tag-esg-management","tag-gas-flaring","tag-nigeria","tag-sustainability-report","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/Africa-Oil.png?fit=526%2C528&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3wd","jetpack-related-posts":[{"id":11352,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-wentworth-and-vitol-sa-partner-to-offset-carbon-emissions-at-mnazi-bay-from-2022\/","url_meta":{"origin":13529,"position":0},"title":"TANZANIA: Wentworth and Vitol SA Partner to offset carbon emissions at Mnazi Bay from 2022","author":"","date":"December 9, 2021","format":false,"excerpt":"Wentworth Resources has announced it has entered into a Memorandum of Understanding with Vitol SA regarding the supply of carbon credits to partially offset the impacts of its emissions footprint at Mnazi Bay. \u00a0\u00a0 Highlights: \u2022 Wentworth and Vitol will jointly develop new community-focused carbon credit programmes in Tanzania, with\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth.jpg?fit=826%2C460&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth.jpg?fit=826%2C460&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth.jpg?fit=826%2C460&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth.jpg?fit=826%2C460&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12103,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-publishes-2021-sustainability-report-and-2021-climate-risk-and-resilience-report\/","url_meta":{"origin":13529,"position":1},"title":"Tullow Publishes 2021 Sustainability Report and 2021 Climate Risk and Resilience Report","author":"","date":"March 28, 2022","format":false,"excerpt":"Tullow Oil has published its 2021 Sustainability Report and its 2021 Climate Risk & Resilience Report. These reports provide an update on Tullow\u2019s progress and performance in 2021 with regard to the Group\u2019s strategic sustainability framework. This work forms a key part of Tullow\u2019s stated purpose to build a better\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/03\/Tullow-sustainability-report.png?fit=487%2C528&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14102,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-totalenergies-chairman-meets-president-tinubu-reiterates-its-long-term-commitment-to-nigeria-supports-reduction-in-methane-emissions\/","url_meta":{"origin":13529,"position":2},"title":"NIGERIA: TotalEnergies Chairman Meets President Tinubu Reiterates its Long-term Commitment to Nigeria &#038; Supports Reduction in Methane Emissions","author":"","date":"December 18, 2023","format":false,"excerpt":"Patrick Pouyann\u00e9, Chairman and CEO of TotalEnergies, met today in Abuja with Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, to reaffirm the long-term partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in the country, developing major projects such\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/12\/Total-Tinubu.jpg?fit=1200%2C802&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/12\/Total-Tinubu.jpg?fit=1200%2C802&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/12\/Total-Tinubu.jpg?fit=1200%2C802&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/12\/Total-Tinubu.jpg?fit=1200%2C802&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/12\/Total-Tinubu.jpg?fit=1200%2C802&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14480,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-africa-finance-corporation-afc-supports-africas-largest-methanol-plant-transforming-flared-gas-into-valuable-resource\/","url_meta":{"origin":13529,"position":3},"title":"NIGERIA: Africa Finance Corporation (AFC) Supports Africa\u2019s Largest Methanol Plant, Transforming Flared Gas into Valuable Resource","author":"","date":"August 27, 2024","format":false,"excerpt":"Africa Finance Corporation (AFC) is arranging a project development facility to support Africa\u2019s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas and turning it instead into a valuable chemical for solvents, paints, plastics and car parts. The project in Akwa Ibom,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/03\/Gas-flaring.jpg?fit=450%2C361&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11419,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-wentworth-expects-to-achieve-milestone-average-production-rate-for-2021-of-over-80-mmscf-day\/","url_meta":{"origin":13529,"position":4},"title":"TANZANIA: Wentworth Expects to Achieve Milestone Average Production Rate for 2021 of over 80 MMscf\/day","author":"","date":"December 17, 2021","format":false,"excerpt":"Following a successful first half of the year, demand for natural gas in\u00a0Tanzania\u00a0has again remained strong throughout the second half. This strengthening in demand in 2021 is due to sustained economic growth, continued demand in the industrial sector and partly due to lack of supply from hydro-electric generation as a\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth-2.jpg?fit=679%2C453&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth-2.jpg?fit=679%2C453&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Tanzania-Wentworth-2.jpg?fit=679%2C453&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2823,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nine-companies-companies-commit-end-practice-routine-gas-flaring\/","url_meta":{"origin":13529,"position":5},"title":"Nine Companies and Countries Commit to End the Practice of Routine Gas Flaring","author":"","date":"April 20, 2015","format":false,"excerpt":"Nine oil companies and nations including Royal Dutch Shell, Statoil, Norway and Gabon have committed, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. According to Statoil CEO ELdar S\u00e6tre meeting the target of zero routine flaring by 2030 is a\u2026","rel":"","context":"In &quot;Elsewhere in Africa&quot;","block_context":{"text":"Elsewhere in Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/elsewhere-in-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/gas-flaring.jpg?fit=260%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=13529"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13529\/revisions"}],"predecessor-version":[{"id":13531,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/13529\/revisions\/13531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/13530"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=13529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=13529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=13529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}