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PARCO, officially known as Pakistan Refinery Limited, is a prominent player in the refinery gas industry, with its headquarters based in Pakistan. Established in 1981, the company has grown to become a key contributor to Pakistan’s energy sector, specialising in the processing and distribution of refinery gases and related petroleum products.
Operating across major regions within Pakistan, PARCO’s core business revolves around refining, marketing, and distribution, with a focus on delivering high-quality products that meet international standards. Its innovative approach and commitment to operational excellence have positioned PARCO as a leader in the industry, recognised for its reliable supply chain and technological advancements. As a significant entity in the refinery gas sector, PARCO continues to play a vital role in supporting Pakistan’s energy needs and economic development.
+1 vs industry average
PARCO’s score of 16 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Refinery Gas is among the most carbon-intensive industries
The Refinery Gas industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
PARCO, headquartered in PK and operating within the Refinery Gas industry, has outlined its carbon emissions data and climate commitments.
In 2023, PARCO reported Scope 1 emissions totalling approximately 663,200,000 kg CO2e and Scope 2 emissions of approximately 150,600,000 kg CO2e. This represents a decrease from 2022, when Scope 1 emissions were approximately 730,800,000 kg CO2e and Scope 2 emissions were approximately 165,000,000 kg CO2e. In 2021, PARCO's Scope 1 emissions were approximately 630,400,000 kg CO2e, with Scope 2 emissions at approximately 131,700,000 kg CO2e. The company's emissions in 2020 were approximately 404,900,000 kg CO2e for Scope 1 and approximately 90,200,000 kg CO2e for Scope 2. PARCO has not disclosed Scope 3 emissions data for the periods reported.
PARCO has established several reduction targets. The company is committed to achieving net zero for its Scope 1 emissions by 2030. Furthermore, PARCO aims for a 30% reduction in Scope 1 emissions by 2025, using 2021 as its baseline. For Scope 2 emissions, PARCO aims for a 25% reduction by 2025, also from a 2021 baseline. Complementing these targets, PARCO is committed to achieving net zero for its Scope 2 emissions by 2030.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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No scope 3 category breakdown has been disclosed yet.
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