RAK Petroleum PLCRAK Petroleum PLC - ESG Rating & Company Profile powered by AI

Industry Group:Oil & Gas Exploration & Production

The ESG score includes seventeen UN Sustainable Development Goals including: 'Gender Equality', 'Decent Work & Economic Growth' and 'Life below Water'. The page contains a Q&A section on RAK Petroleum PLC. Full ESG assessment of RAK Petroleum PLC are accessed by signing in.

RAK Petroleum PLC in the Oil & Gas Exploration & Production industry gained a UN SDG ESG Transparency Score of 0.0; made up of an environmental score of 0.0, social score of 0.0 and governance score of 0.0.

SDG Transparency Score for RAK Petroleum PLC 

0.0

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for RAK Petroleum PLC 
0.0

Environmental

0.0

Social

0.0

Governance

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Canacol Energy Ltd
8.0
High
1BW Energy Ltd
8.0
High
.........
458TransGlobe Energy Corp
0.4
Low
463Southwestern Energy Co
0.3
Low
464RAK Petroleum PLC
0.0
Low
464CaiTerra International Energy Corp
0.0
Low
464Calima Energy Ltd
0.0
Low
464Zoetic International PLC
0.0
Low
464Zoltav Resources Inc
0.0
Low
.........

Frequently Asked Questions

Does RAK Petroleum PLC have an accelerator or VC vehicle to help deliver innovation?
Does RAK Petroleum PLC disclose current and historical energy intensity?
Does RAK Petroleum PLC report the average age of the workforce?
Does RAK Petroleum PLC reference operational or capital allocation in relation to climate change?
Does RAK Petroleum PLC disclose its ethnicity pay gap?
Does RAK Petroleum PLC disclose cybersecurity risks?
Does RAK Petroleum PLC use carbon offsets or credits exclusively for residual emissions (typically less than ~0.5–5% of total emissions)?
Does RAK Petroleum PLC offer flexible work?
Does RAK Petroleum PLC have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?
Does RAK Petroleum PLC disclose the number of employees in R&D functions?
Does RAK Petroleum PLC plan to change its portfolio composition to lower the emissions intensity of its energy mix (e.g., by shifting from oil to gas, or by adding lower-carbon options like hydrogen, e-fuels, bioenergy, etc.)?
Does RAK Petroleum PLC conduct supply chain audits?
Does RAK Petroleum PLC disclose incidents of non-compliance in relation to the health and safety impacts of products and services?
Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')
Does RAK Petroleum PLC conduct 360 degree staff reviews?
Does RAK Petroleum PLC disclose the individual responsible for D&I?
Does RAK Petroleum PLC disclose current and historical air emissions?
Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')
Is executive remuneration linked to climate performance?
Does the Board describe its role in the oversight of climate-related risks and opportunities?
Does RAK Petroleum PLC disclose current and / or historical scope 2 emissions?
Does RAK Petroleum PLC disclose water use targets?
Does RAK Petroleum PLC have careers partnerships with academic institutions?
Did RAK Petroleum PLC have a product recall in the last two years?
Does RAK Petroleum PLC disclose incidents of discrimination?
Does RAK Petroleum PLC allow for Work Councils/Collective Agreements to be formed?
Has RAK Petroleum PLC issued a profit warning in the past 24 months?
Does RAK Petroleum PLC disclose parental leave metrics?
Does RAK Petroleum PLC disclose climate scenario or pathway analysis?
Does RAK Petroleum PLC disclose current and / or historical scope 1 emissions?
Does RAK Petroleum PLC explicitly state that carbon offsets or credits are separate from its emissions-reduction progress or that they are not counted toward its emissions-reduction targets?
Are Operating Expesnses linked to emissions reduction?
Does RAK Petroleum PLC disclose the pay ratio of women to men?
Does RAK Petroleum PLC support suppliers with sustainability related research and development?
Does RAK Petroleum PLC disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?
Does RAK Petroleum PLC reflect climate-related risks in its financial statements?
Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')
Is RAK Petroleum PLC involved in embryonic stem cell research?
Does RAK Petroleum PLC disclose GHG and Air Emissions intensity?
Does RAK Petroleum PLC disclose its waste policy?
Does RAK Petroleum PLC report according to TCFD requirements?
Does RAK Petroleum PLC plan to mitigate emissions from future new production assets through measures such as electrifying equipment, carbon capture and storage, repurposing waste gas, methane leak detection and repair, eliminating flaring, etc.?
Does RAK Petroleum PLC disclose its policies for bribery, corruption, whistle-blower, conflict of interest?
Does RAK Petroleum PLC disclose energy use targets?
Does RAK Petroleum PLC disclose its Renewable Energy targets?
Are emissions metrics verified by STBi?
Does RAK Petroleum PLC have a policy relating to cyber security?

Potential Risks for RAK Petroleum PLC
These potential risks are based on the size, segment and geographies of the company.

RAK Petroleum plc operates as an oil and gas investment company. The company produces and sells oils, gas, and natural gas liquids. As of December 31, 2021, the company primarily had a 44.94% interest in DNO ASA that maintain gross operated production of 108,700 barrels of oil per day through 90 licenses comprising 2 licenses in the Kurdistan Region of Iraq; 73 offshore licenses in Norway; 11 offshore licenses in the United Kingdom; two offshore licenses in the Netherlands; one offshore license in Ireland; and one onshore license in Yemen. It also holds a 33.33% interest in Foxtrot International LDC, which operates two licenses in Côte d'Ivoire, including Block CI-27, an offshore license comprising four producing gas fields with associated oil and condensates in Foxtrot and Mahi; and Block CI-12 offshore exploration licenses. The company was founded in 2005 and is based in Worthing, the United Kingdom.

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