NNPC LTD

Our first step in this direction as priority is, to determine our emission baseline through the development of our Environmental, Social and Governance (ESG) framework, as well as the conduct of our company-wide Greenhouse Gases inventory.

The implementation of our ESG framework would result into appropriate reporting of same in our annual reports/financial statements.

Our energy transition plan is designed to ensure a low carbon footprint across our businesses through New Energy using various means

Renewables

Carbon neutral fuels and gases

Energy efficiency

In this rapidly changing environment, we have committed ourself to operating in a sustainable manner - as a responsible business entity - ensuring that our activities continue to be carried out in line with the principles of economic, social and environmental development.

We will ensure the provision of affordable, clean and efficient energy options to our stakeholders comprising of over 200 million Nigerians, under a just and equitable transition. As such, our strategies for decarbonization and net zero emissions will be driven by the increased role of gas in our portfolio.

Guiding Principles

Our guiding principles are the United Nations Sustainable Development Goals, particularly SDG7 (to ensure access to affordable, reliable, sustainable and modern energy for all); and our commitments to implementation of Nigeria’s Nationally Determined Contribution under the UNFCCC Paris Accord (reduce emissions by 20% unconditionally and 45% conditionally by 2030, end gas flaring by 2030 and ensure 30% energy efficiency by 2030).

Other principles underpinning our sustainability include the PIA Act which provides for NNPC Ltd to engage in renewable energy business; and the Nigerian Climate Act for mainstreaming climate change actions to achieve low emissions, inclusive green growth and sustainable economic development.

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$106.74

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