Sustainability Report Executive Summary

Overview

The report describes Sonangol's 2023 sustainability progress, including expanded GHG reporting across additional business units and initial Scope 3 reporting for investments in non-operated blocks. The company states an absolute Scope 1 and 2 emissions reduction target of 10% by 2027 and 15% by 2030 from a 2022 baseline, alongside a net-zero target for 2050. It also reports investing over 47 million USD in social projects during 2023, with most allocated to sports, education and culture.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Condensed report
Fiscal year: 2023
Language: English
Pages
File size
Restatement: Disclosed

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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