In 2022, Oando disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Oando disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2022 | 2021 |
|---|---|---|
Total Energy Consumption | 14,101a | 7,506b |
Non-Renewable Energy Consumption | 7,827a | 2,755b |
Renewable Energy Consumption | 6,274a | 4,751b |
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In 2022, Oando consumed a total of 14,101.24 Gigajoules of energy across its operations. Of this total, 44.49% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 55.51% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2022, Oando consumed a total of 14,101.24 Gigajoules of energy, of which 44.49% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This moderate level of renewable energy adoption indicates that Oando is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2022, Oando's total energy consumption increased by 87.87%, reflecting a recent rise in overall energy demand.ab
Over the same period, the share of renewable energy in Oando's consumption decreased by 29.71%, showing a recent negative trend in clean energy adoption.ab