Michang Oil Ind. Co., Ltd., headquartered in South Korea (KR), is a prominent player in the oil and petrochemical industry. Established in 1995, the company has steadily expanded its operations across major regions, focusing on the production and distribution of high-quality lubricants and industrial oils. With a commitment to innovation, Michang Oil offers a diverse range of products, including engine oils, hydraulic fluids, and specialty lubricants, all designed to meet the evolving needs of various sectors. Their unique formulations are tailored to enhance performance and efficiency, setting them apart in a competitive market. Recognised for their dedication to quality and sustainability, Michang Oil has achieved significant milestones, solidifying its position as a trusted supplier in the industry. The company continues to strive for excellence, contributing to advancements in oil technology and environmental stewardship.
How does Michang Oil Ind. Co., Ltd.'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.
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.
Michang Oil Ind. Co., Ltd.'s score of 22 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Michang Oil Ind. Co., Ltd., headquartered in South Korea (KR), 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 Michang Oil Ind. Co., Ltd. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the company does not inherit emissions data from a parent organisation, it operates independently in terms of climate reporting. Without specific emissions figures or reduction initiatives, it is unclear how Michang Oil Ind. Co., Ltd. aligns with industry standards for carbon management and climate action.
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.
Michang Oil Ind. Co., Ltd. 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.