Par Pacific Holdings Sustainability Profile
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.
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
Par Pacific Holdings's score of 10 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Par Pacific Holdings's reported carbon emissions
In 2023, Par Pacific Holdings reported total carbon emissions of approximately 1,350,000,000 kg CO2e for Scope 1 and about 199,000,000 kg CO2e for Scope 2. This represents a significant increase from 2022, where total emissions were about 988,000,000 kg CO2e, with Scope 1 emissions at approximately 871,000,000 kg CO2e and Scope 2 emissions at about 117,000,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). Their climate commitments appear to be limited, with no documented reduction targets or climate pledges available. Par Pacific Holdings operates within the energy sector, where carbon emissions are a critical concern. The absence of significant reduction initiatives or targets may reflect broader industry challenges in addressing climate change. The emissions data is not cascaded from any parent organization, indicating that these figures are solely from Par Pacific Holdings, Inc.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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?
How Carbon Intensive is Par Pacific Holdings's Location?
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.
