Provide the revenue derived from oil-related activities.
CSRD
Definition of Revenue from Oil
Revenue from oil refers to income derived from the company's involvement in the oil industry. This includes activities related to:
Exploration and extraction of crude oil.
Refining oil into consumable products (e.g., gasoline, diesel, jet fuel, petrochemicals).
Distribution and sale of oil-based products, both domestically and internationally.
2. Disclosure Requirements
Disclose the total revenue generated from oil-related activities:
Amount of revenue specifically from oil production, refining, and sales, expressed as either a total figure or a percentage of overall revenue.
If relevant, break down the revenue by specific oil-related activities, such as exploration, extraction, refining, and product sales.
3. Reporting Considerations
Currency and Accounting Standards: Specify the currency (e.g., USD, EUR) used for the revenue figure and confirm alignment with financial reporting standards (e.g., IFRS, GAAP).
Oil Revenue from Subsidiaries: If oil-related subsidiaries or joint ventures exist, include their contribution to oil-related revenue in the overall disclosure.
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