Oando PLC 2022 Sustainability Report
The report highlights Oando's 2022 sustainability performance, focusing on governance, environmental stewardship, and social impact. Key achievements include a 92% reduction in gas flaring since 2008 and the launch of Oando Clean Energy Limited's electric bus pilot in Lagos. The company maintained a record of zero Lost Time Injuries and invested over N2.5 billion in education through the Oando Foundation. Despite geopolitical challenges and regional oil theft impacting production, Oando reported a 148% increase in revenue to N2.0 trillion. The report also details the company's transition to comply with the Petroleum Industry Act and its continued commitment to the UN Sustainable Development Goals.
Company: Oando PLC
Sector: Mining & quarrying
Country: Nigeria
Year: 2022
Type: Sustainability Report
Pages: 130
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Oando PLC
Sustainability Report
The report highlights Oando's 2022 sustainability performance, focusing on governance, environmental stewardship, and social impact. Key achievements include a 92% reduction in gas flaring since 2008 and the launch of Oando Clean Energy Limited's electric bus pilot in Lagos. The company maintained a record of zero Lost Time Injuries and invested over N2.5 billion in education through the Oando Foundation. Despite geopolitical challenges and regional oil theft impacting production, Oando reported a 148% increase in revenue to N2.0 trillion. The report also details the company's transition to comply with the Petroleum Industry Act and its continued commitment to the UN Sustainable Development Goals.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Mar 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Total Waste
Women in Management
Workplace Fatalities
Employees