Caraga Oil Refining, Inc., often referred to as Caraga Oil, is a prominent player in the oil refining industry, headquartered in the Philippines. Established in 1995, the company has made significant strides in the sector, focusing on the production of high-quality petroleum products. With major operations in the Caraga region, Caraga Oil is dedicated to meeting the energy needs of both local and international markets. The company’s core offerings include refined fuels, lubricants, and other petroleum derivatives, distinguished by their adherence to stringent quality standards. Caraga Oil has positioned itself as a reliable supplier, earning recognition for its commitment to sustainability and innovation. With a strong market presence, Caraga Oil Refining continues to contribute to the energy landscape of the Philippines, reflecting its dedication to excellence and customer satisfaction.
How does Caraga Oil Refining, Inc.'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 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.
Caraga Oil Refining, Inc.'s score of 4 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Caraga Oil Refining, Inc., headquartered in the Philippines, currently does not have available carbon emissions data for recent years. As such, specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions, are not provided. In the absence of concrete emissions data, it is important to note that the company has not outlined any specific reduction targets or climate commitments. This lack of publicly available information may reflect a broader industry context where many companies are still developing their climate strategies and emissions reporting frameworks. As the global focus on sustainability intensifies, it is crucial for organisations like Caraga Oil Refining, Inc. to establish clear climate commitments and reduction initiatives to align with industry standards and stakeholder expectations.
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.
Caraga Oil Refining, Inc. 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.