Gulf Oil Bangladesh Ltd. Sustainability Profile
Gulf Oil Bangladesh Ltd., a prominent player in the lubricants and petroleum industry, is headquartered in Dhaka, Bangladesh. Established in 1998, the company has made significant strides in providing high-quality lubricants and fuels across the region, catering to both industrial and automotive sectors. With a diverse portfolio that includes engine oils, industrial lubricants, and greases, Gulf Oil Bangladesh stands out for its commitment to innovation and sustainability. The company has achieved notable market recognition, positioning itself as a trusted brand among consumers and businesses alike. Through strategic partnerships and a focus on customer satisfaction, Gulf Oil Bangladesh Ltd. continues to enhance its market presence, contributing to the growth of the energy sector in Bangladesh and beyond.
DitchCarbon Score
How does Gulf Oil Bangladesh Ltd.'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 Fuel Retail 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
Gulf Oil Bangladesh Ltd.'s score of 29 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gulf Oil Bangladesh Ltd., headquartered in BD, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of GOCL Corporation Limited, which may influence its climate-related strategies and performance metrics. As of now, Gulf Oil Bangladesh Ltd. has not established any documented reduction targets or climate pledges. This lack of specific commitments may reflect the broader industry context, where many companies are still developing their sustainability frameworks and emissions reduction strategies. Given the absence of direct emissions data and reduction initiatives, it is essential for Gulf Oil Bangladesh Ltd. to consider adopting industry-standard climate commitments, such as those outlined by the Science Based Targets initiative (SBTi) or similar frameworks, to enhance its environmental accountability and performance in the future.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 53 | 00 | 00 |
| Scope 2 | 52 | 00 | 00 |
| Scope 3 | - | - | - |
How Carbon Intensive is Gulf Oil Bangladesh Ltd.'s Industry?
How Carbon Intensive is Gulf Oil Bangladesh Ltd.'s Location?
Gulf Oil Bangladesh Ltd.'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.
Gulf Oil Bangladesh Ltd. 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.
