As part of efforts toward achieving carbon neutrality, Axxela said it achieved 42.75 per cent reduction in direct CO2 emissions and 31.25 per cent reduction in indirect emissions between 2021 and 2022.

The company in its 2022 sustainability report, titled: “Powering industries, sustaining the economy,” released recently, stated that as the world clamors for the transition to lower-carbon energy sources, they are positioned to accelerate the role of natural gas in the future energy mix.

Chief Executive Officer, Axxela, Bolaji Osunsanya, said the report showcased their commitment to integrating sustainability into their business operations, and reiterated the company’s mission to deliver innovative energy solutions that create a sustainable benefit for all stakeholders.

“As a business, our greatest contribution to a better and sustainable world is through our offerings with the ultimate target to support our customers across sectors to reduce their annual greenhouse emissions, encourage the switch to natural gas as a more efficient power source and with the potential to significantly reduce their carbon footprint,” he said.

He stressed that achieving Axxela targets around reducing GHG emissions and reducing the impact of their operations on the environment requires a coordinated approach, hence, the company has implemented a process to address the issues of energy inefficiencies reduction, estimating and mitigating natural gas emissions and setting targets for GHG emissions reductions.