Motor Oil Hellas Corinth Refineries SA

Common Name
Motor Oil Hellas
Country
Greece
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
4,090
Ticker
MOH
Exchange
ATHENS EXCHANGE S.A. CASH MARKET
Website
www.moh.gr
Description
Motor Oil (Hellas) S.A. is a leading player in the Greek energy industry, primarily involved in refining and distributing petroleum products. Established in 1970, the company operates one of the most ...

Motor Oil Hellas's GHG Emissions Data Preview

In 2023, Motor Oil Hellas completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Motor Oil Hellas has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Motor Oil Hellas's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Motor Oil Hellas amounted to 2,162,407.67 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Motor Oil Hellas decreased by 7.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Motor Oil Hellas's Scope 1 Emissions Over Time

2021202220230600 k1.2 M1.8 M2.4 MtCO2e+6%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Motor Oil Hellas's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Motor Oil Hellas were 2,075,991.97 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Motor Oil Hellas reduced its Scope 1 emissions over time?

Since 2021, Motor Oil Hellas's Scope 1 emissions have decreased by 4.77%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Motor Oil Hellas's Scope 1 emissions decreased by 9.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Motor Oil Hellas's Scope 2 emissions?

In 2023, Motor Oil Hellas reported Scope 2 greenhouse gas (GHG) emissions of 69,494.188 tCOâ‚‚e using the market-based method, and 86,415.7 tCOâ‚‚e using the location-based method.

Has Motor Oil Hellas reduced its Scope 2 emissions over time?

Since 2021, Motor Oil Hellas's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 167.88%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Motor Oil Hellas's Scope 2 emissions (Location-Based) rose by 130.73% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Motor Oil Hellas use for Scope 2 reporting?

In 2023, Motor Oil Hellas reported its Scope 2 emissions using the market-based method and using the location-based method.

Motor Oil Hellas's Scope 2 Emissions Over Time

202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Motor Oil Hellas's Value Chain Emissions

In 2023, Motor Oil Hellas reported 47,590,766.39 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Motor Oil Hellas includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Motor Oil Hellas's Scope 3 Emissions Over Time

202120222023015 M30 M45 M60 MtCO2e+18%+529%
  • Total Scope 3
  • Year-over-Year Change

What are Motor Oil Hellas's Scope 3 emissions?

In 2023, Motor Oil Hellas reported total Scope 3 emissions of 47,590,766.39 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 12.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 87.41% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Motor Oil Hellas reduced its Scope 3 emissions over time?

Since 2021, Motor Oil Hellas's Scope 3 emissions have increased by 645.02%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Motor Oil Hellas's Scope 3 emissions increased by 529.23%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Motor Oil Hellas disclose?

In 2023, Motor Oil Hellas reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Motor Oil Hellas's Scope 3 emissions?

In 2023, the largest contributors to Motor Oil Hellas's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 39,993,806.56 tCOâ‚‚e (84.04%)
  • Purchased Goods and Services (Cat. 1): 4,334,423.43 tCOâ‚‚e (9.11%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 1,319,062.45 tCOâ‚‚e (2.77%)

Motor Oil Hellas's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(9.1%)End-of-LifeTreatment of SoldProducts (Cat. 12)(2.8%)Use of Sold Products(Cat. 11)(84.0%)

Insights into Motor Oil Hellas's Total Carbon Footprint

In 2023, Motor Oil Hellas reported a total carbon footprint of 49,753,174.06 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 402.26% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Motor Oil Hellas's total carbon footprint was Scope 3 emissions, accounting for 95.65% of the company's total carbon footprint, followed by Scope 1 emissions at 4.17%.

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