Annual Report And Accounts

Overview

The report describes Petrofac's 2023 as a challenging financial year, with revenue of US$2,496m and backlog increasing to US$8.1bn. The company expanded its workforce to 8,600 employees and onboarded 3,104 new employees during the year. Its ESG disclosures report Scope 1 emissions of 167 (000 tCO2e), Scope 2 emissions of 5 (000 tCO2e), and total value chain emissions of 2.04 million tCO2e. The report also confirms a commitment to reach Net Zero for Scope 1 and 2 emissions by 2030, while disclosing one contractor fatality in 2023.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: Ends 31 December 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

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

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UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

CDP score

Materiality

Assessment
Basis

Assurance

Provider
Standard
Scope
Statement included
Metrics assured

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