Petrotec AG Sustainability Profile
Petrotec AG, a leading player in the energy sector, is headquartered in Germany and operates extensively across Europe and beyond. Founded in 1996, the company has established itself as a key provider of innovative solutions in the fields of fuel technology and renewable energy. Petrotec AG specialises in the development and manufacturing of advanced fuel dispensers, storage systems, and related services, setting itself apart with a commitment to quality and sustainability. The company has achieved significant milestones, including numerous industry awards for its cutting-edge technology and customer-centric approach. With a strong market position, Petrotec AG continues to drive advancements in the energy industry, focusing on efficiency and environmental responsibility, making it a trusted partner for businesses seeking reliable energy solutions.
DitchCarbon Score
How does Petrotec AG'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 Petroleum Products 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
Petrotec AG's score of 25 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrotec AG, headquartered in Germany, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Petrotec AG, and its climate commitments and reduction initiatives are not explicitly detailed. However, emissions data may be inherited from its parent company, Renewable Energy Group, Inc., at a cascade level of 2. This means that while Petrotec AG does not have its own emissions data, it may align with the sustainability practices and targets set by its parent organization. Additionally, Petrotec AG is linked to Chevron Corporation at a cascade level of 3, which may influence its climate strategies and commitments. As of now, there are no documented reduction targets or climate pledges from Petrotec AG, indicating a potential area for development in their sustainability strategy. The company may benefit from adopting industry-standard climate initiatives to enhance its environmental performance and transparency.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 113,200,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
| Scope 2 | 59,700,000 | 00,000,000 | 00,000,000 | - | 00,000,000 |
| Scope 3 | 59,600,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Petrotec AG's Industry?
How Carbon Intensive is Petrotec AG's Location?
Petrotec AG's Scope 3 Categories Breakdown
Petrotec AG's Scope 3 emissions, which decreased by 6% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 77% of Scope 3 emissions.
Top Scope 3 Categories
Petrotec AG'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.
Petrotec AG 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.
