In 2024, PBF Energy 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) and Scope 2 (indirect emissions from purchased energy).
However, PBF Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 10,460,000a | 10,780,000a | 11,750,000a | |
Total Scope 2 | ||||
Location-Based | 860,000a | 870,000a | 890,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 315.8661a | 281.28a | 250.9059a |
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In 2024, the total operational greenhouse gas (GHG) emissions of PBF Energy amounted to 11,320,000 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of PBF Energy decreased by 2.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of PBF Energy were 10,460,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, PBF Energy's Scope 1 emissions have decreased by 26.13%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), PBF Energy's Scope 1 emissions decreased by 2.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, PBF Energy reported Scope 2 greenhouse gas (GHG) emissions of 860,000 tCO₂e using the location-based method.a
Compared to the previous year (2023), PBF Energy's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that PBF Energy's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, PBF Energy reported its Scope 2 emissions using the location-based method.a
In 2024, PBF Energy reported Scope 1 greenhouse gas (GHG) emissions of 10,460,000 tCO₂e and total revenues of USD 33,115 millions. This translates into an emissions intensity of 315.87 tCO₂e per millions USD.a
In 2024, PBF Energy reported a Scope 1 emissions intensity of 315.87 tCO₂e per millions USD. Compared to the peer group median of 59.49, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, PBF Energy ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places PBF Energy among the least efficient performers, with one of the highest emissions intensities in its sector.a