HIFA-PETROL d.o.o. Sarajevo Sustainability Profile
HIFA-PETROL d.o.o., commonly referred to as HIFA-PETROL, is a prominent player in the fuel and energy sector, headquartered in Sarajevo, Bosnia and Herzegovina (BA). Established in 1998, the company has steadily expanded its operations across the region, focusing on the distribution of petroleum products and the provision of energy solutions. With a diverse portfolio that includes high-quality fuels, lubricants, and gas products, HIFA-PETROL distinguishes itself through its commitment to sustainability and customer service. The company has achieved significant milestones, positioning itself as a trusted supplier in the market. HIFA-PETROL's dedication to innovation and quality has earned it a reputable standing, making it a key contributor to the energy landscape in Bosnia and Herzegovina and beyond.
DitchCarbon Score
How does HIFA-PETROL d.o.o. Sarajevo'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 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.
Industry Benchmark
HIFA-PETROL d.o.o. Sarajevo's score of 20 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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HIFA-PETROL d.o.o. Sarajevo's reported carbon emissions
In 2024, HIFA-PETROL d.o.o. Sarajevo reported total carbon emissions of approximately 12,896,313,000 kg CO2e. This figure includes Scope 1 emissions of about 41,778,000 kg CO2e, Scope 2 emissions of approximately 23,997,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 12,830,537,000 kg CO2e. The combined Scope 1 and 2 emissions total approximately 65,775,000 kg CO2e (market-based). HIFA-PETROL has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 40% by the end of 2025, with the reduction target initiated in 2021. This commitment reflects the company's proactive approach to addressing its carbon footprint and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that HIFA-PETROL is independently reporting its emissions and climate initiatives.
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| 2024 | |
|---|---|
| Scope 1 | 41,778,000 |
| Scope 2 | 23,997,000 |
| Scope 3 | 12,830,537,000 |
How Carbon Intensive is HIFA-PETROL d.o.o. Sarajevo's Industry?
How Carbon Intensive is HIFA-PETROL d.o.o. Sarajevo's Location?
HIFA-PETROL d.o.o. Sarajevo'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.
HIFA-PETROL d.o.o. Sarajevo 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.
