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Public Profile
Crude Oil Extraction
GB
updated 2 months ago

Par Pacific Holdings Sustainability Profile

Company website

Par Pacific Holdings, Inc., commonly referred to as Par Pacific, is a prominent player in the energy sector, headquartered in Great Britain. Founded in 2011, the company has rapidly expanded its operations across the United States and the Pacific Islands, focusing on refining, logistics, and retail distribution of petroleum products. Specialising in the production of high-quality fuels and lubricants, Par Pacific distinguishes itself through its commitment to operational excellence and sustainability. The company operates several refineries and retail outlets, ensuring a robust supply chain that meets diverse customer needs. With a strong market position, Par Pacific has achieved significant milestones, including strategic acquisitions that enhance its operational capabilities. As a forward-thinking entity in the energy industry, Par Pacific Holdings continues to innovate while maintaining a focus on environmental responsibility.

DitchCarbon Score

How does Par Pacific Holdings'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.

10

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.

13

Industry Benchmark

Par Pacific Holdings's score of 10 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

37%

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Par Pacific Holdings's reported carbon emissions

In 2023, Par Pacific Holdings reported total emissions of approximately 1.35 billion kg CO2e, comprising about 1.35 billion kg CO2e from Scope 1 and approximately 199 million kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were approximately 988 million kg CO2e, with Scope 1 emissions at about 871 million kg CO2e and Scope 2 emissions at approximately 117 million kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Par Pacific Holdings has not set any specific reduction targets or initiatives as part of their climate commitments, nor do they appear to be part of any recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of disclosed reduction targets suggests a need for enhanced climate action strategies within the organisation. The emissions data is not cascaded from any parent company, indicating that the figures are solely representative of Par Pacific Holdings, Inc.

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20162017201820192020202120222023
Scope 1
838,000,000
000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
0,000,000,000
Scope 2
-
-
-
-
-
000,000,000
000,000,000
000,000,000
Scope 3
-
-
-
-
-
-
-
-

How Carbon Intensive is Par Pacific Holdings's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Par Pacific Holdings's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Par Pacific Holdings's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Par Pacific Holdings is in GB, which has a very low grid carbon intensity relative to other regions.

Par Pacific Holdings'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.

Par Pacific Holdings 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Par Pacific Holdings's Emissions with Industry Peers

Vertex Energy, Inc.

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 month ago

Repsol

ES
•
Electricity by petroleum and other oil derivatives
Updated 7 days ago

Exxonmobil

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 22 days ago

Caseys

US
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated about 1 month ago

Maverik

US
•
Sugar
Updated about 1 month ago

Calumet

US
•
Fabricated metal products, except machinery and equipment (28)
Updated 10 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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