PBF Energy Sustainability Profile
PBF Energy Inc., a prominent player in the energy sector, is headquartered in the United States and operates major facilities across the East Coast, Gulf Coast, and West Coast. Founded in 2008, the company has rapidly established itself as a leading independent refiner and supplier of petroleum products. PBF Energy focuses on refining crude oil into high-quality fuels and lubricants, catering to a diverse range of customers. With a commitment to operational excellence, PBF Energy stands out for its advanced refining technologies and strategic asset management. The company’s portfolio includes gasoline, diesel, and jet fuel, all produced with an emphasis on sustainability and efficiency. Recognised for its robust market position, PBF Energy continues to achieve significant milestones, reinforcing its reputation as a key contributor to the energy landscape in the United States.
DitchCarbon Score
How does PBF Energy'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 Salt and Mineral Mining 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
PBF Energy's score of 17 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PBF Energy's reported carbon emissions
In 2024, PBF Energy, headquartered in the US, reported significant carbon emissions, with Scope 1 emissions totalling approximately 10,460,000,000 kg CO2e and Scope 2 emissions at about 860,000,000 kg CO2e. This marks a slight decrease in Scope 1 emissions from 2023, where they were reported at approximately 10,780,000,000 kg CO2e, while Scope 2 emissions for that year were about 870,000,000 kg CO2e. PBF Energy's emissions data reflects a consistent focus on transparency, with disclosures for both Scope 1 and Scope 2 emissions. However, there is currently no reported data for Scope 3 emissions, which typically encompass indirect emissions from the value chain. Despite the substantial emissions figures, PBF Energy has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their climate strategy. The company does participate in various climate initiatives, but no specific pledges or targets have been outlined in the available data. Overall, PBF Energy's emissions profile highlights the challenges faced by the energy sector in addressing climate change, underscoring the importance of establishing clear reduction goals and strategies moving forward.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 11,610,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 740,000,000 | 000,000,000 | - | - | - |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is PBF Energy's Industry?
How Carbon Intensive is PBF Energy's Location?
PBF Energy'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.
PBF Energy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
