Gulf Oil Lubricants India Limited Sustainability Profile
Gulf Oil Lubricants India Limited, a prominent player in the lubricants industry, is headquartered in Mumbai, India. Established in 2008, the company has rapidly expanded its operations across key regions, including Maharashtra, Gujarat, and Tamil Nadu. Specialising in high-performance lubricants, Gulf Oil offers a diverse range of products, including engine oils, industrial lubricants, and greases, known for their superior quality and innovative formulations. With a commitment to excellence, Gulf Oil has achieved significant milestones, including strategic partnerships and a robust distribution network that enhances its market presence. The company is recognised for its dedication to sustainability and technological advancement, positioning itself as a leader in the Indian lubricants market. Gulf Oil Lubricants India Limited continues to set benchmarks in product performance and customer satisfaction, solidifying its reputation as a trusted brand in the industry.
DitchCarbon Score
How does Gulf Oil Lubricants India 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.
Industry Average
Mean score of companies in the Petroleum Products 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 Lubricants India Limited's score of 21 is lower than 68% 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 Lubricants India Limited's reported carbon emissions
In 2023, Gulf Oil Lubricants India Limited reported total carbon emissions of approximately 4,042,020 kg CO2e, comprising 629,210 kg CO2e from Scope 1 and 3,799,810 kg CO2e from Scope 2. This marks a reduction from 2022, where emissions were about 4,067,500 kg CO2e, with Scope 1 emissions at 716,650 kg CO2e and Scope 2 at 2,957,850 kg CO2e. Despite these figures, Gulf Oil Lubricants India Limited has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate strategy. The emissions data is cascaded from the parent company, Gulf Oil Lubricants India Limited, reflecting their commitment to transparency in reporting. As a current subsidiary, the company is positioned within a broader corporate family that may influence its climate initiatives. However, no specific initiatives or targets from the Science Based Targets initiative (SBTi) or other climate frameworks have been disclosed. Overall, while Gulf Oil Lubricants India Limited has shown a slight decrease in emissions, the absence of formal reduction commitments highlights the need for a more robust climate action plan.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 716,650 | 000,000 |
| Scope 2 | 2,957,850 | 0,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Gulf Oil Lubricants India Limited's Industry?
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Gulf Oil Lubricants India Limited'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 Lubricants India 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.
