Paramount Petroleum Corporation Sustainability Profile
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.
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
Paramount Petroleum Corporation's score of 3 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,400,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 400,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Paramount Petroleum Corporation's Industry?
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Paramount Petroleum Corporation'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.
Paramount Petroleum Corporation 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.
