Euro - Oil S.A. Sustainability Profile
Euro - Oil S.A., a prominent player in the oil and gas industry, is headquartered in Greece (GR) and operates extensively across the Mediterranean region. Founded in the early 2000s, the company has established itself as a leader in the exploration, production, and distribution of petroleum products. Specialising in high-quality crude oil and refined products, Euro - Oil S.A. is recognised for its commitment to sustainability and innovation. The company’s unique approach to resource management and environmental responsibility sets it apart in a competitive market. With a strong market position, Euro - Oil S.A. has achieved significant milestones, including strategic partnerships and expansions that enhance its operational capabilities. As a trusted name in the energy sector, Euro - Oil S.A. continues to drive advancements in oil and gas, ensuring reliable energy solutions for its clients.
DitchCarbon Score
How does Euro - Oil S.A.'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
Euro - Oil S.A.'s score of 3 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Euro - Oil S.A.'s reported carbon emissions
In 2024, Euro - Oil S.A. reported total carbon emissions of approximately 28,000,600 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 26,448,370 kg CO2e. Within this, the largest categories were the use of sold products (about 11,769,520 kg CO2e) and downstream leased assets (approximately 13,478,510 kg CO2e). Scope 1 emissions were recorded at about 350,600 kg CO2e, while Scope 2 emissions totalled approximately 91,430 kg CO2e on a market-based approach. In 2023, the company reported slightly lower emissions, with Scope 1 at about 345,700 kg CO2e and Scope 2 at approximately 93,100 kg CO2e. Notably, no Scope 3 emissions data was disclosed for that year. Euro - Oil S.A. has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of Science-Based Targets Initiative (SBTi) targets suggests that the company may need to enhance its climate strategy to align with industry standards. Overall, while the company has made strides in emissions reporting, further initiatives and commitments could strengthen its climate action framework.
How Carbon Intensive is Euro - Oil S.A.'s Industry?
How Carbon Intensive is Euro - Oil S.A.'s Location?
Euro - Oil S.A.'s Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 51% of Scope 3 emissions.
Top Scope 3 Categories
Euro - Oil S.A.'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.
Euro - Oil S.A. 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.
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