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Public Profile
Crude Oil Extraction
US
updated 6 months ago

Paramount Petroleum Corporation

Company website

Paramount Petroleum Corporation, often referred to as Paramount, is a prominent player in the petroleum industry, headquartered in the United States. Established in 1994, the company has made significant strides in the production and distribution of high-quality asphalt and petroleum products, primarily serving the North American market. With a focus on innovation and sustainability, Paramount offers a diverse range of products, including asphalt emulsions, modified asphalts, and specialty products tailored to meet the needs of various sectors. Their commitment to quality and customer satisfaction has positioned them as a trusted supplier in the industry. Notable for their advanced manufacturing processes and strategic partnerships, Paramount Petroleum Corporation continues to enhance its market presence, contributing to infrastructure development and paving solutions across the region.

DitchCarbon Score

How does Paramount Petroleum Corporation'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.

3

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.

6

Industry Benchmark

Paramount Petroleum Corporation's score of 3 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

25%

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Paramount Petroleum Corporation's reported carbon emissions

Paramount Petroleum Corporation, headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Paramount Petroleum may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the petroleum industry, many companies are increasingly focusing on sustainability and setting ambitious targets to mitigate climate change impacts. However, without specific emissions data or commitments, it is challenging to assess Paramount Petroleum's position relative to industry standards or peer organisations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paramount Petroleum Corporation's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Paramount Petroleum Corporation is in US, which has a low grid carbon intensity relative to other regions.

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.

Paramount Petroleum Corporation 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.

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

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Where does DitchCarbon data come from?

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