Oil Refineries Ltd. Sustainability Profile
Oil Refineries Ltd., commonly referred to as Bazan Group, is a leading player in the oil refining industry, headquartered in Haifa, Israel. Established in 1955, the company has grown to become a significant contributor to the region's energy sector, with major operations across Israel and surrounding areas. Specialising in the refining of crude oil, Oil Refineries Ltd. produces a diverse range of high-quality petroleum products, including gasoline, diesel, and jet fuel. The company is recognised for its commitment to innovation and sustainability, employing advanced technologies to enhance efficiency and reduce environmental impact. With a strong market position, Oil Refineries Ltd. has achieved notable milestones, including strategic partnerships and expansions that bolster its competitive edge. As a cornerstone of Israel's energy infrastructure, the company continues to play a vital role in meeting the region's energy needs while prioritising safety and environmental stewardship.
DitchCarbon Score
How does Oil Refineries 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 Crude Oil Extraction 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
Oil Refineries Ltd.'s score of 18 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Oil Refineries Ltd.'s reported carbon emissions
In 2023, Oil Refineries Ltd. reported total carbon emissions of approximately 8.6 billion kg CO2e. This figure includes Scope 1 emissions of about 2.2 billion kg CO2e, Scope 2 emissions of approximately 342.5 million kg CO2e, and Scope 3 emissions amounting to around 6.1 billion kg CO2e. The previous year, 2022, the company recorded total emissions of about 8.5 billion kg CO2e, with Scope 1 at approximately 2.2 billion kg CO2e, Scope 2 at around 329.2 million kg CO2e, and Scope 3 at about 5.9 billion kg CO2e. Despite these substantial emissions, Oil Refineries Ltd. has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company operates within a challenging industry context, where significant emissions are typical, yet it has not outlined a clear strategy for emissions reduction or climate pledges. Overall, while Oil Refineries Ltd. has demonstrated transparency in its emissions reporting, the lack of defined climate commitments raises questions about its long-term sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,207,179,000 | 0,000,000,000 |
| Scope 2 | 329,212,000 | 000,000,000 |
| Scope 3 | 5,931,632,000 | 0,000,000,000 |
How Carbon Intensive is Oil Refineries Ltd.'s Industry?
How Carbon Intensive is Oil Refineries Ltd.'s Location?
Oil Refineries Ltd.'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.
Oil Refineries Ltd. 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.
TotalEnergies
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.