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NEITI OIL AND GAS COMPANIES’ GHG EMISSIONS – Disclosure Analysis
In June 2023, the Extractive Industries Transparency Initiative (EITI) updated its standard to include mandatory disclosures on greenhouse gas (GHG) emissions and climate risks, aligning extractive governance with global climate goals. Nigeria, through the Nigeria Extractive Industries Transparency Initiative (NEITI), promptly integrated these requirements, particularly those related to GHG emissions, into its 2022 and 2023 oil and gas audit reports. In collaboration with NRGI, NEITI developed a standardised template requiring companies to report their GHG emissions.
This analysis breaks down these GHG disclosures, identifying key areas for improvements and advocacy
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