Nigerian National Petroleum Company (NNPC) | Sustainability Performance
Founded in 1977 as the sole licensed entity in Nigeria's petroleum sector, acts as a holding company for multiple subsidiary NOCs covering the full oil and gas value chain. Oil accounts for over 40% of government revenue and 90% of foreign currency earnings.
1959
Nigeria
5,001 - 10,000 employees
Oil & Energy
$10B+ in revenue
$1B - 10B in profitability
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Sustainability Ranking & Industry Benchmark
Beyond Top 1000
#14
in NigeriaⓘBeyond Top 100
Sustainability Maturity
ⓘSustainability Intent
ⓘOverview
Environmental
Carbon emissions
Critical
Controversy level
- NNPC and its subsidiaries have been subject to repeated credible international investigations involving the diversion of oil revenues and payment of bribes to Nigerian government officials, including findings by the Nigerian Extractive Industries Transparency Initiative (NEITI) documenting billions of unremitted dollars.
Reporting
Not reporting on Sustainability
Not committed to key sustainability initiatives