Fortune Oil plc, commonly referred to as Fortune Oil, is a prominent player in the energy sector, headquartered in Hong Kong. Established in 1997, the company has made significant strides in the oil and gas industry, focusing on exploration, production, and trading. With major operational regions spanning Asia and Africa, Fortune Oil has built a robust portfolio that includes upstream and downstream activities. The company is renowned for its commitment to sustainable practices and innovative solutions, setting it apart in a competitive market. Fortune Oil's core offerings encompass oil and gas exploration, refining, and distribution, catering to a diverse clientele. Over the years, the company has achieved notable milestones, solidifying its market position as a trusted energy provider. With a focus on quality and efficiency, Fortune Oil continues to drive growth and contribute to the global energy landscape.
How does Fortune Oil plc'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 Wholesale Trade 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.
Fortune Oil plc's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fortune Oil plc, headquartered in Hong Kong, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. The company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. In the absence of specific emissions data, it is important to note that Fortune Oil plc is actively engaged in the industry context of climate commitments, although details on their initiatives remain unspecified. The lack of reported emissions and reduction targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the global focus on sustainability intensifies, Fortune Oil plc may benefit from establishing clear emissions reduction goals and aligning with industry standards to enhance its environmental performance and accountability.
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.
Fortune Oil plc is not participating in any of the initiatives that 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.