OPIS, or the Oil Price Information Service, is a leading provider of pricing and market intelligence for the petroleum industry, headquartered in the United States. Founded in 1978, OPIS has established itself as a trusted source for fuel pricing data, analytics, and news, serving clients across North America and beyond. Specialising in comprehensive fuel price reporting, OPIS offers unique services such as real-time pricing, market analysis, and risk management solutions. Their commitment to accuracy and transparency has positioned them as a key player in the energy sector, catering to a diverse clientele that includes refiners, retailers, and traders. With a reputation for reliability and innovation, OPIS continues to set industry standards, making significant contributions to the understanding of fuel markets and pricing dynamics.
How does OPIS's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
OPIS's score of 0 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, OPIS reported carbon intensity values for various products, including approximately 0.0377 kg CO2e per gallon for Carbon CPG Diesel (95%) and about 0.00008705 kg CO2e per USD for Biodiesel. In 2022, the company also provided carbon intensity data, but specific total emissions figures were not disclosed for either year. Currently, OPIS has not established any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or similar frameworks. The absence of specified reduction initiatives indicates a need for further development in their climate strategy. As a company headquartered in the US, OPIS operates within the mineral fuels and oils sector, which is under increasing scrutiny for its carbon emissions. The industry context highlights the importance of transparency and accountability in emissions reporting, as stakeholders increasingly demand robust climate action from corporations.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
OPIS is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.