Par Pacific Holdings
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 4 is lower than 69% 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 approximately 199,000 kg CO2e in gross global Scope 2 emissions. This figure highlights the company's ongoing efforts to monitor and manage its carbon footprint. In the previous year, 2022, the company disclosed total emissions of about 988,000,000 kg CO2e, with Scope 1 emissions accounting for approximately 871,000,000 kg CO2e and Scope 2 emissions at about 117,000,000 kg CO2e. Over the years, Par Pacific has shown a commitment to reducing its carbon emissions, although specific reduction targets or initiatives have not been disclosed. The absence of detailed climate pledges or SBTi (Science Based Targets initiative) reduction targets suggests that while the company is tracking its emissions, it may not yet have formalised its long-term climate commitments. Overall, Par Pacific Holdings is actively engaged in understanding its emissions profile, particularly in Scope 2, and continues to work towards enhancing its sustainability practices.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| 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 |
| Scope 2 | - | - | - | - | - | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Par Pacific Holdings 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.
