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
$10B+ in profitability
Sustainability Ranking & Industry Benchmark
#12878
Overall#207
in Norway#317
in Oil & EnergySustainability Maturity
Sustainability Intent
Overview
Environmental
Carbon emissions
CO2 scope 1 + 2
Critical
Carbon emissions
Reveal data for 1 credit
Industry rank: 135 out of 426
Total CO2 emissions
(CO2e tonnes)
Industry rank: 135 out of 426
Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
(adj. for revenues)
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Industry Benchmark
564.3
B/M 253.6
3.2K
B/M 3.4K
Powered by illuminem and GIST Impact
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.
Carbon emissions breakdown
Reveal data for 2 credits
| KPI | Metric | Year | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
| ******* | ******* | - | - | - | - | ******* | ******* |
