In 2024, Petrofac completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Petrofac has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 162,000a | 167,000a | 192,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 5,000a | 5,000a | 5,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 66.9071a | 74.7955a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Petrofac amounted to 167,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Petrofac decreased by 2.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Petrofac were 162,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Petrofac's Scope 1 emissions have decreased by 29.87%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Petrofac's Scope 1 emissions decreased by 2.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Petrofac reported Scope 2 greenhouse gas (GHG) emissions of 5,000 tCO₂e without specifying the calculation method.a
Since 2019, Petrofac's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 58.33%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Petrofac's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Petrofac's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Petrofac reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Petrofac reported Scope 1 greenhouse gas (GHG) emissions of 167,000 tCO₂e and total revenues of USD 2,496 millions. This translates into an emissions intensity of 66.91 tCO₂e per millions USD.a
In 2023, Petrofac reported a Scope 1 emissions intensity of 66.91 tCO₂e per millions USD. Compared to the peer group median of 18.95, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Petrofac ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Petrofac is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a