Libya Oil Holdings Limited Sustainability Profile
Libya Oil Holdings Limited, commonly referred to as Oil Libya, is a prominent player in the oil and gas industry, headquartered in Libya (LY). Established in 2008, the company has rapidly expanded its operations across North Africa and the Mediterranean region, focusing on refining, distribution, and marketing of petroleum products. Oil Libya is renowned for its high-quality fuels and lubricants, catering to both retail and commercial sectors. The company’s commitment to innovation and sustainability sets it apart in a competitive market. With a strong presence in Libya and strategic partnerships across the region, Oil Libya has solidified its position as a leading energy provider, contributing significantly to the local economy and energy security.
DitchCarbon Score
How does Libya Oil Holdings 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
Libya Oil Holdings Limited's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Libya Oil Holdings Limited's reported carbon emissions
Libya Oil Holdings Limited, headquartered in Libya (LY), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Libya Oil Holdings Limited may not have established formal climate commitments or initiatives aimed at reducing its carbon footprint. As the company operates within the oil sector, it is essential to note that the industry faces increasing scrutiny regarding carbon emissions and climate impact. Many companies in this sector are adopting science-based targets and sustainability initiatives to align with global climate goals. However, without specific commitments or emissions data, Libya Oil Holdings Limited's position in this context remains unclear. Overall, the absence of emissions reporting and reduction initiatives highlights a potential area for improvement in the company's environmental strategy.
How Carbon Intensive is Libya Oil Holdings Limited's Industry?
How Carbon Intensive is Libya Oil Holdings Limited's Location?
Libya Oil Holdings 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.
Libya Oil Holdings 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.
