Island Oil Limited
Island Oil Limited, headquartered in Cyprus (CY), is a prominent player in the oil and gas industry, specialising in the exploration, production, and distribution of petroleum products. Founded in the early 2000s, the company has established a strong operational presence across various regions, focusing on both local and international markets. With a commitment to innovation and sustainability, Island Oil Limited offers a diverse range of core services, including crude oil trading and refined product distribution. Their unique approach to supply chain management and customer service has positioned them as a trusted partner in the energy sector. Recognised for their operational excellence, Island Oil Limited continues to achieve significant milestones, reinforcing their market position as a leader in the industry. Their dedication to quality and efficiency sets them apart in a competitive landscape.
DitchCarbon Score
How does Island Oil 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 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
Island Oil Limited's score of 7 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Island Oil Limited's reported carbon emissions
In 2023, Island Oil Limited reported total carbon emissions of approximately 16,658,150 kg CO2e from Scope 1, primarily due to mobile combustion, and about 100,950 kg CO2e from Scope 2, related to purchased electricity. This represents a slight increase in Scope 1 emissions compared to 2022, where emissions were approximately 15,137,180 kg CO2e, while Scope 2 emissions decreased from about 123,420 kg CO2e in the previous year. The company has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. However, they continue to monitor and report their emissions, indicating a commitment to transparency in their environmental impact. The Scope 2 emissions intensity has shown improvement, decreasing from 0.004 in 2022 to 0.003 in 2023, suggesting efforts to enhance energy efficiency in their operations. Overall, while Island Oil Limited has not set formal reduction targets, their emissions data reflects ongoing monitoring and a potential focus on improving operational efficiency.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 16,330,140 | 00,000,000 | 00,000,000 |
| Scope 2 | 126,750 | 000,000 | 000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Island Oil Limited is not committed to any reduction initiatives 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.
