Tethys Oil AB
Industry Group: Oil & Gas Producers
Country/Region: Sweden
Identifier: OME:TETY
Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and natural gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 128 out of 307
Universe
Global Universe 15201 out of 16088
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Capricorn Energy Plc |
26
Medium
|
19 out of 307 |
Tethys Oil AB |
42.5
Severe
|
128 out of 307 |
Pharos Energy Plc |
43.5
Severe
|
145 out of 307 |
Empire Petroleum Corp. |
58.4
Severe
|
292 out of 307 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Tethys Oil AB's Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Tethys Oil AB's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Tethys Oil AB
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Tethys Oil AB's ESG Risk Rating in the last three years
Highest Controversy Level