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Public Profile
Wholesale Trade
BA
updated 11 days ago

HIFA-PETROL d.o.o. Sarajevo

Company website

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.

17

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.

24

Industry Benchmark

HIFA-PETROL d.o.o. Sarajevo's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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HIFA-PETROL d.o.o. Sarajevo's reported carbon emissions

HIFA-PETROL d.o.o. Sarajevo, headquartered in Bosnia and Herzegovina (BA), currently does not report any specific carbon emissions data. However, the company has set ambitious climate commitments aimed at reducing its environmental impact. HIFA-PETROL aims to achieve a 40% reduction in Scope 1 and Scope 2 emissions by the end of 2025, with the reduction target starting from 2021. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for emissions reduction. As of now, there are no emissions data inherited from a parent company or related organization, indicating that HIFA-PETROL is independently managing its climate initiatives. The company's focus on significant reductions in its operational emissions demonstrates a commitment to sustainability and responsible environmental stewardship.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HIFA-PETROL d.o.o. Sarajevo's primary industry is Wholesale trade and commission trade services, except of motor vehicles and motorcycles (51), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HIFA-PETROL d.o.o. Sarajevo is in BA, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

HIFA-PETROL d.o.o. Sarajevo 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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