Binh Son Refining and Petrochemical Joint Stock Company Sustainability Profile
Binh Son Refining and Petrochemical Joint Stock Company (BSR) is a leading player in Vietnam's oil and gas sector, headquartered in Quang Ngai Province. Established in 2008, BSR operates primarily in refining and petrochemical production, serving both domestic and international markets. The company’s flagship product, the Dung Quat Oil Refinery, is notable for being Vietnam's first oil refinery, significantly contributing to the nation’s energy security. BSR's commitment to innovation and sustainability has positioned it as a key contributor to the country's economic development. With a focus on high-quality petroleum products and a robust supply chain, BSR continues to enhance its market presence, achieving notable milestones in operational efficiency and environmental stewardship.
DitchCarbon Score
How does Binh Son Refining and Petrochemical Joint Stock Company'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.
Industry Average
Mean score of companies in the Crude Oil Extraction 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.
Industry Benchmark
Binh Son Refining and Petrochemical Joint Stock Company's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Binh Son Refining and Petrochemical Joint Stock Company's reported carbon emissions
In 2024, Binh Son Refining and Petrochemical Joint Stock Company reported total carbon emissions of approximately 1,546,133,000 kg CO2e. This figure represents a slight decrease from the previous year's emissions of about 1,804,015,000 kg CO2e in 2023. The company has also shown a reduction from 1,763,318,000 kg CO2e in 2022 and 1,693,367,000 kg CO2e in 2021. While specific scope emissions (Scope 1, 2, or 3) have not been disclosed, the company has reported GHG emissions per product, with approximately 6,000 kg CO2e per tonne in 2021 and 2022, and 7,000 kg CO2e per tonne in 2023. The emissions data is cascaded from the Binh Son Refining and Petrochemical Joint Stock Company itself, indicating that it is a current subsidiary without inherited targets from a parent organization. Despite the significant emissions figures, there are currently no publicly stated reduction targets or climate pledges from the company. This lack of formal commitments may reflect the broader industry context, where many companies are still developing comprehensive climate strategies. Binh Son Refining and Petrochemical Joint Stock Company continues to operate within a sector that is under increasing pressure to enhance sustainability and reduce carbon footprints.
How Carbon Intensive is Binh Son Refining and Petrochemical Joint Stock Company's Industry?
How Carbon Intensive is Binh Son Refining and Petrochemical Joint Stock Company's Location?
Binh Son Refining and Petrochemical Joint Stock Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Binh Son Refining and Petrochemical Joint Stock Company has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
