We are committed to fostering a sustainable and equitable future for all. Sustainability and circularity are integral to our consulting approach, guiding our strategies and actions. Our goal is to support businesses in becoming net-zero by 2050, driving the energy transition, and leading the shift from a linear to a circular economy.
We cultivate strong, positive relationships with our clients, communities, and stakeholders, focusing on the social and economic impacts of transitioning to a sustainable economy. Our consulting framework is built on three core pillars: Environmental, Social, and Governance (ESG).
Our Strategy 2030 is aligned with this ESG framework, ensuring that every business decision we support is aimed at helping organizations achieve net-zero status. Within this framework, we concentrate on five strategic areas: Climate Action, Resource Management, Health & Safety, People Development, and Ethical Practices. For each area, we establish clear targets and actionable plans to be accomplished by 2030, contributing to the broader goals of the UN’s 2030 Agenda for Sustainable Development.
Climate Change
Resources Management
Health, Safety & Security
People
Ethical Business Practices
Climate Change
Resources Management
Health, Safety & Security
People
Ethical Business Practices
Key Actions:
Eliminate Routine Flaring and Venting: Phase out unnecessary flaring and venting practices.
Boost Energy Efficiency: Implement programs to enhance energy efficiency across operations.
Address Methane Leaks: Launch and maintain programs to detect and repair methane leaks.
Switch to Renewable Energy: Ensure 100% of energy in the C&M business segment comes from renewable sources.
Reduce Fossil Fuel Output: Decrease oil and gas production to 350 kboe/d and cut crude distillation throughput by 2.6 million tons by 2030.
Expand Renewable Fuel Production: Increase production of renewable mobility fuels and sustainable chemical feedstocks to 1.5 million tons, with at least 700,000 tons of sustainable aviation fuels by 2030.
Develop CCS Capacity: Establish carbon capture and storage (CCS) capacity of 5 million tons per year by 2030, including 2 million tons per year at Analeng Petrom.
Grow Renewable Energy Production: Build up to 10 TWh of renewable energy capacity, including geothermal, solar, and wind, by 2030.
Promote Green Gases: Increase the use of green gases, like biogas and hydrogen, primarily through trading, in the gas sales portfolio.
