Byco Petroleum Pakistan Limited, commonly referred to as Byco, is a leading player in the oil and gas sector, headquartered in Karachi, Pakistan. Established in 1995, Byco has made significant strides in the industry, focusing on refining, marketing, and distribution of petroleum products across the country. With a state-of-the-art refinery located in the Hub area of Balochistan, Byco is renowned for its high-quality fuels, including petrol, diesel, and lubricants. The company’s commitment to innovation and sustainability sets it apart in a competitive market. Byco has achieved notable milestones, including the establishment of Pakistan's largest oil refinery, which enhances its position as a key contributor to the nation’s energy needs. As a trusted name in the industry, Byco continues to drive growth and efficiency in Pakistan's petroleum landscape.
How does Byco Petroleum Pakistan Limited'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 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.
Byco Petroleum Pakistan Limited's score of 2 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Byco Petroleum Pakistan Limited, headquartered in PK, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate its carbon footprint. As a merged entity, Byco Petroleum's climate initiatives and emissions data may be influenced by its corporate family structure. However, no specific data or targets have been cascaded from parent organizations or related entities. The absence of emissions reporting and reduction initiatives highlights a potential area for improvement in Byco Petroleum's environmental strategy. In the context of the industry, it is essential for companies like Byco Petroleum to adopt robust climate commitments and transparent emissions reporting to align with global sustainability goals and stakeholder expectations.
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.
Byco Petroleum Pakistan Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
