Climate Change Data

Savannah Energy PLC

Climate Impact & Sustainability Data (2020, 2021, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:12.8 tonnes CO2/boe

ESG Focus Areas

  • carbon intensity
  • diversity
  • local content
  • HSE performance
  • socio-economic prosperity
  • tax transparency and contribution
  • community engagement and development
  • local content and responsible procurement
  • health and safety
  • security and human rights
  • workforce culture and engagement
  • training and development
  • diversity and equality
  • GHG emissions
  • biodiversity
  • water management

Environmental Achievements

  • Industry leading carbon intensity

Social Achievements

  • Total contributions of US$49.3m (up 40% versus FY 2019)
  • Senior management female gender diversity increased to 35% (from 25% in 2019)
  • Lost Time Injury Rate (LTIR) and Total Recordable Injury Rate (TRIR) reduced by 24% and 12% respectively

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increased investment in the training and development of our people
  • Roll out enhanced sustainability reporting and performance framework across the Group
Short-term Goals:
  • Progress the Compression Project in Nigeria for completion in 2022
  • Drill an additional gas supply well on the Uquo Field
  • Deliver first gas to FIPL Afam
  • Finalise the new Niger PSC contractual and commercial framework
  • Progress the R3 East development

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Local content and responsible procurement

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UN SDGs

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Strategy anchored around the 13 most relevant UN SDGs to Savannah

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:108,778 tonnes of CO2e
Scope 1 Emissions:108,778 tonnes of CO2e
Scope 2 Emissions:88.2 tonnes of CO2e
Total Energy Consumption:164,638 kWh (UK)
Water Consumption:5,359 m3
Carbon Intensity:13.3 kg CO2e/boe

ESG Focus Areas

  • Socio-economic prosperity
  • Safe and secure operations
  • Supporting and developing our people
  • Respecting the environment

Environmental Achievements

  • Zero hydrocarbon spills
  • Reduced carbon intensity to 13.3 kg CO2e/boe (from 12.8 in 2020)

Social Achievements

  • Total direct socio-economic contributions increased by 12% to US$55.1 million
  • Increased investment in eight social impact projects by 53% to US$246,000
  • Spent US$26.2 million with local suppliers and contractors (up 57%)
  • 99% of employees in Nigeria and 100% in Niger were local
  • Zero Covid-19 cases at operational sites

Governance Achievements

  • Shortlisted for “ESG Initiative of the Year” at the Chartered Governance Institute UK & Ireland Awards
  • Shortlisted for “Best ESG Materiality Reporting (Small Cap)” at the IR Magazine Awards – Europe 2022
  • Implemented a digital tool to track key sustainability indicators

Climate Goals & Targets

Medium-term Goals:
  • Improve the performance and efficiency of the gas compressor at Uquo in Nigeria
Short-term Goals:
  • Develop targeted socio-economic impact metrics for 2023
  • Set targets for relevant sustainability KPIs in all areas

Environmental Challenges

  • Increased GHG emissions due to increased production
  • Covid-19 pandemic disruptions
Mitigation Strategies
  • Focus on reducing flaring (contributing to over 50% of Scope 1 emissions)
  • Implementation of Covid-19 protocols
  • Developing renewable energy projects

Supply Chain Management

Supplier Audits: 168 suppliers screened, 100% re-appointed

Responsible Procurement
  • Global procurement policy ensuring all contractors and suppliers meet the same standards

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN SDGs

UN Sustainable Development Goals

  • SDG 1
  • SDG 3
  • SDG 4
  • SDG 8
  • SDG 13

The report details how various initiatives contribute to these goals.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:70,741 tCO2e/year (Scope 1)
Scope 1 Emissions:70,741 tCO2e/year
Scope 2 Emissions:63 tCO2e/year
Total Energy Consumption:139,650 kWh/year (UK)
Water Consumption:10,592 m3/year
Carbon Intensity:10.7 kg CO2e/boe (Scope 1)

ESG Focus Areas

  • Promoting socio-economic prosperity
  • Ensuring safe and secure operations
  • Supporting and developing our people
  • Respecting the environment

Environmental Achievements

  • Total direct GHG emissions (Scope 1) remained stable at 70,741 tonnes of CO2e (2022: 71,543 tonnes of CO2e)
  • Zero operational hydrocarbon spills (2022: zero)

Social Achievements

  • Launched Savannah Energy Education and Internship Training programme, granting full university education scholarships to 50 students
  • Spent US$23.5 million in 2023 with local suppliers and contractors in Nigeria and Niger

Governance Achievements

  • Board approved the transfer of risk responsibilities from the Audit and Risk Committee to the Health, Safety, Environment, Security and Risk (“HSES&R”) Committee

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Develop carbon and energy management plans for other operational assets in Nigeria
  • Grow renewable energy portfolio to 1 GW+ by end 2024 and 2 GW+ by end 2026
Short-term Goals:
  • Develop targeted socio-economic impact metrics
  • Commence implementation of carbon and energy management plan for Stubb Creek

Environmental Challenges

  • Delayed release of regulations guiding the implementation of Host Community Development Trusts (HCDTs) in Nigeria
  • Political events in Niger affected the delivery of social impact projects
  • Increased fees for flaring in Nigeria due to new regulations
Mitigation Strategies
  • Developed carbon and energy management plan to minimize flaring at Stubb Creek
  • Planning to develop similar plans for other operational assets in Nigeria
  • Implementing the new Gas Flaring, Venting and Methane Emissions (Prevention of Waste and Pollution) Regulations 2023 in Nigeria

Supply Chain Management

Responsible Procurement
  • Global procurement policy ensuring contractors and suppliers meet same standards; centralised vendor performance management system

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather (flooding, extreme heat, water stress)
Transition Risks
  • Restricted access to capital
  • Carbon taxation
  • Reduced demand for hydrocarbons
  • Reputational damage
Opportunities
  • Increased demand for gas
  • Development of renewable energy projects
  • Carbon credits
  • CCUS
  • Hydrogen production

Reporting Standards

Frameworks Used: TCFD, SASB, GRI, UN SDGs

UN Sustainable Development Goals

  • Goal 1
  • Goal 3
  • Goal 4
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 11
  • Goal 13
  • Goal 16

Initiatives contribute to these goals through various programs and projects