Sustainability and ESG Report

Overview

The report presents 2024 as a defining year shaped by Oando's landmark acquisition of Nigerian Agip Oil Company and the launch of a Board-approved ESG Strategy. The company reports resilient financial performance, a Group workforce of 2,399, and progress in electric mobility, solar-powered charging, geothermal studies, education, healthcare, and host-community development. Environmental disclosures include 2,776,775.99 metric tons of CO2 equivalent of Scope 1 emissions, 8,678.20 tCO2eq of Scope 3 emissions from upstream transport, reduced routine gas flaring, and extensive oil-spill clean-up and remediation. The report also describes Oando's GRI-aligned reporting, human-rights commitments, Board-level ESG oversight, and investments in Nigerian communities.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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