FAR LtdFAR Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Oil & Gas Exploration & Production

The page is a free ESG report covering FAR Ltd. The assessment of FAR Ltd is prepared by All Street Sevva using advanced AI. This ESG rating includes seventeen UN SDGs including: 'No Poverty', 'Industry, Innovation & Infrastructure' and 'Partnerships for the Goals'.

FAR Ltd in the Oil & Gas Exploration & Production industry gained a UN SDG ESG Transparency Score of 4.8; made up of an environmental score of 3.4, social score of 5.3 and governance score of 5.7.

SDG Transparency Score for FAR Ltd 
Low
0 - 3

4.8

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for FAR Ltd 
3.4

Environmental

5.3

Social

5.7

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Diversified Energy Company PLC
8.4
High
2APA Corp (US)
8.3
High
280Sintana Energy Inc
4.9
High
280Whitebark Energy Ltd
4.9
High
287FAR Ltd
4.8
High
287Camber Energy Inc
4.8
High
287TransGlobe Energy Corp
4.8
High
.........
546Vanoil Energy Ltd
0.0
Low
546West Isle Energy Inc
0.0
Low
.........
View the full peer group of 748 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does FAR Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does FAR Ltd disclose current and historical energy intensity?

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Does FAR Ltd report the average age of the workforce?

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Does FAR Ltd reference operational or capital allocation in relation to climate change?

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Does FAR Ltd disclose its ethnicity pay gap?

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Does FAR Ltd disclose cybersecurity risks?

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Does FAR Ltd offer flexible work?

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Does FAR Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does FAR Ltd disclose the number of employees in R&D functions?

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Does FAR Ltd conduct supply chain audits?

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Does FAR Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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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')

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Does FAR Ltd conduct 360 degree staff reviews?

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Does FAR Ltd disclose the individual responsible for D&I?

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Does FAR Ltd disclose current and historical air emissions?

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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')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does FAR Ltd disclose current and / or historical scope 2 emissions?

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Does FAR Ltd disclose water use targets?

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Does FAR Ltd have careers partnerships with academic institutions?

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Did FAR Ltd have a product recall in the last two years?

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Does FAR Ltd disclose incidents of discrimination?

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Does FAR Ltd allow for Work Councils/Collective Agreements to be formed?

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Has FAR Ltd issued a profit warning in the past 24 months?

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Does FAR Ltd disclose parental leave metrics?

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Does FAR Ltd disclose climate scenario or pathway analysis?

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Does FAR Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does FAR Ltd disclose the pay ratio of women to men?

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Does FAR Ltd support suppliers with sustainability related research and development?

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Does FAR Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does FAR Ltd reflect climate-related risks in its financial statements?

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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,')

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Is FAR Ltd involved in embryonic stem cell research?

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Does FAR Ltd disclose GHG and Air Emissions intensity?

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Does FAR Ltd disclose its waste policy?

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Does FAR Ltd report according to TCFD requirements?

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Does FAR Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does FAR Ltd disclose energy use targets?

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Does FAR Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does FAR Ltd have a policy relating to cyber security?

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Potential Risks for FAR Ltd
These potential risks are based on the size, segment and geographies of the company.

FAR Limited operates as an oil and gas exploration and development company with primary assets in West Africa and Australia. The company holds a portfolio of exploration licenses in the Gambia and the Guinea-Bissau projects. It also holds a petroleum exploration permit in Western Australia. The company was formerly known as First Australian Resources NL and changed its name to FAR Limited in 2010. FAR Limited was incorporated in 1984 and is based in Melbourne, Australia.

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