Petrol AD
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 2 is lower than 100% 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 2023, Petrol AD reported significant carbon emissions totalling approximately 1,586,000,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 24,800,000 kg CO2e, primarily from stationary combustion, while Scope 2 emissions accounted for approximately 3,156,000 kg CO2e. The most substantial contribution came from Scope 3 emissions, which reached about 1,581,500,000 kg CO2e, predominantly from the use of sold products. Despite these figures, Petrol AD has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or reduction strategies suggests a need for enhanced transparency and action in addressing their environmental impact. As the company operates within the oil and gas sector, it faces increasing pressure to align with industry standards for sustainability and climate responsibility.
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| 2023 | |
|---|---|
| Scope 1 | 24,800,000 |
| Scope 2 | 3,156,000 |
| Scope 3 | 1,581,500,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Petrol AD is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
