Michang Oil Ind. Co., Ltd.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Michang Oil Ind. Co., Ltd.'s score of 22 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Michang Oil Ind. Co., Ltd.'s reported carbon emissions
Michang Oil Ind. Co., Ltd., headquartered in South Korea (KR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments towards reducing its carbon footprint. As there are no emissions data or reduction initiatives available, it is unclear how Michang Oil Ind. Co., Ltd. aligns with industry standards for climate action. The absence of information on emissions and climate commitments may reflect a broader trend within the industry, where companies are increasingly being urged to disclose their environmental impact and set ambitious targets in line with global climate goals. In summary, Michang Oil Ind. Co., Ltd. currently lacks specific emissions data and formal climate commitments, highlighting an area for potential improvement in transparency and sustainability practices.
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.
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.
