Petoro | Sustainability Performance
Norwegian state-owned company established in 2001 to manage the Government's direct financial interest (SDFI) in Norwegian continental shelf licenses — roughly one-third of the country's reserves. Monitors Equinor's marketing of SDFI-produced petroleum on the state's behalf.
1999
Norway
51 - 200 employees
Oil & Energy
$10B+ in revenue
$10B+ in profitability
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Sustainability Ranking & Industry Benchmark
#12110
Overallⓘ#207
in Norwayⓘ#328
in Oil & EnergyⓘSustainability Maturity
ⓘSustainability Intent
ⓘOverview
Environmental
Carbon emissions
Critical
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Industry Benchmark
564.3
B/M 253.6
3.2K
B/M 3.4K
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Controversy level
- Petoro, which manages the Norwegian State's Direct Financial Interest (SDFI) in North Sea oil and gas, faces criticism from climate advocates for supporting continued hydrocarbon development on the Norwegian Continental Shelf while the Norwegian government publicly pursues ambitious climate neutrality targets, creating a credibility gap.
