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Audit shows Gazprom's 2017 emissions dropped 13% from 2013

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Audit shows Gazprom's 2017 emissions dropped 13% from 2013

Greenhouse gas emissions from PJSC Gazprom's core businesses in 2017 totaled 112.15 million tons of CO2 equivalent, down about 12.9% from 2013 levels, the company said June 13.

Energy companies around the world have been coming under increasing pressure from investors to ensure they are taking the necessary steps toward the transition to a lower-carbon economy. This includes making reduction in their corporate emissions.

However, Gazprom is the first Russian energy company to audit its corporate emissions and indicated that a system is in place for inventorying, monitoring and accounting for emissions at its facilities.

Gazprom is focused on the exploration, production and transportation of oil and natural gas, but also has power and heat generation and marketing operations.

The audit was completed by KPMG.