Petrol AD Sustainability Profile
Petrol AD, a leading player in the Bulgarian fuel and energy sector, is headquartered in Sofia, Bulgaria. Established in 1991, the company has grown to become a prominent provider of petroleum products and services, operating extensively across the Balkans. Petrol AD is renowned for its extensive network of service stations, offering high-quality fuels, lubricants, and convenience store products. With a commitment to innovation and customer satisfaction, Petrol AD has achieved significant milestones, including the expansion of its retail footprint and the introduction of eco-friendly fuel options. The company’s strategic focus on sustainability and operational excellence has solidified its market position, making it a trusted choice for consumers and businesses alike. Through its dedication to quality and service, Petrol AD continues to set industry standards in Bulgaria and beyond.
DitchCarbon Score
How does Petrol AD'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
Petrol AD's score of 5 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrol AD's reported carbon emissions
In 2024, Petrol AD reported total carbon emissions of approximately 12,896,313,000 kg CO2e. This figure includes Scope 1 emissions of about 41,778,000 kg CO2e, Scope 2 emissions of approximately 23,997,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 12,830,537,000 kg CO2e. In 2023, the company recorded total emissions of about 1,609,456,000 kg CO2e, with Scope 1 at approximately 24,800,000 kg CO2e, Scope 2 at around 3,156,000 kg CO2e, and Scope 3 at about 1,581,500,000 kg CO2e. Petrol AD has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 40% by the end of 2025, relative to a baseline year of 2021. This target reflects the company's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. The commitment is documented in their sustainability reports, which outline their strategies for achieving these reductions. The emissions data is not cascaded from any parent organization, indicating that Petrol AD independently reports its carbon emissions and climate initiatives.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 24,800,000 | 00,000,000 |
| Scope 2 | 3,156,000 | 00,000,000 |
| Scope 3 | 1,581,500,000 | 00,000,000,000 |
How Carbon Intensive is Petrol AD's Industry?
How Carbon Intensive is Petrol AD's Location?
Petrol AD'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.
Petrol AD 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.
