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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 11 is higher than 54% 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, a Refinery Gas company based in PK, reported its Scope 1 emissions for 2023 at approximately 663,200,000 kg CO2e and Scope 2 emissions at about 150,600,000 kg CO2e. In 2022, their Scope 1 emissions were around 730,800,000 kg CO2e and Scope 2 emissions were approximately 165,000,000 kg CO2e. For 2021, Scope 1 emissions stood at roughly 630,400,000 kg CO2e and Scope 2 at about 131,700,000 kg CO2e. In 2020, Scope 1 emissions were approximately 404,900,000 kg CO2e, with Scope 2 emissions at about 90,200,000 kg CO2e.
PARCO has set ambitious climate commitments. The company aims for a 30% reduction in its Scope 1 emissions by 2025, using a 2021 baseline. Additionally, it targets a 25% reduction in Scope 2 emissions by 2025, also against a 2021 baseline. Longer-term, PARCO is committed to achieving net-zero Scope 1 emissions and net-zero Scope 2 emissions by 2030.
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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