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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.
11
DitchCarbon score
0 vs industry average
PARCO’s score of 11 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Refinery Gas is among the most carbon-intensive industries
Industry performance
0.695
20182025
The Refinery Gas industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
PARCO's reported carbon emissions
PARCO, a Refinery Gas company headquartered in PK, reported its 2023 Scope 1 emissions as approximately 663 million kg CO2e and its Scope 2 emissions as approximately 151 million kg CO2e. In 2022, its Scope 1 emissions were approximately 731 million kg CO2e and Scope 2 emissions were around 165 million kg CO2e. For 2021, Scope 1 emissions were approximately 630 million kg CO2e and Scope 2 emissions were about 132 million kg CO2e. In 2020, Scope 1 emissions stood at roughly 405 million kg CO2e, with Scope 2 emissions at approximately 90 million kg CO2e.
PARCO has committed to achieving net-zero Scope 1 and Scope 2 emissions by 2030. Additionally, the company aims for a 30% reduction in its Scope 1 emissions from a 2021 baseline by 2025. For Scope 2 emissions, PARCO targets a 25% reduction from a 2021 baseline by 2025.
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PARCO’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
PARCO21 days ago
11
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