OPIS, or the Oil Price Information Service, is a leading provider of pricing and market intelligence for the petroleum industry, headquartered in the United States. Founded in 1978, OPIS has established itself as a trusted source for fuel pricing data, analytics, and news, serving clients across North America and beyond. Specialising in comprehensive fuel price reporting, OPIS offers unique services such as real-time pricing, market analysis, and risk management solutions. Their commitment to accuracy and transparency has positioned them as a key player in the energy sector, catering to a diverse clientele that includes refiners, retailers, and traders. With a reputation for reliability and innovation, OPIS continues to set industry standards, making significant contributions to the understanding of fuel markets and pricing dynamics.
How does OPIS'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 Machinery and Equipment 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.
OPIS's score of 7 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, OPIS reported carbon intensity metrics for various products, including biodiesel and diesel, but specific total emissions data for the year is not available. The carbon intensity for biodiesel was approximately 0.00008705 kg CO2e per USD, while for ethanol, it was about 0.00000974 kg CO2e per USD. For diesel, the carbon intensity was around 0.0377 kg CO2e per gallon. In 2022, OPIS did not provide specific total emissions figures either, but they continued to report on carbon intensity for their products. Notably, there are no documented reduction targets or climate pledges from OPIS, indicating a lack of formal commitments to reduce emissions at this time. Overall, while OPIS is actively monitoring carbon intensity for its products, it has yet to establish specific reduction targets or significant climate commitments.
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.
OPIS 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.