Approved Oil

Fueling Sustainability: Innovations in Oil Distribution

Brooklyn Skyline 2

Authors

Michael Barbaro Barnett

Michael Barbaro Barnett

mia luppino

mia luppino

Nicolette Frank

Nicolette Frank

Matthew Smallman

Matthew Smallman

School

St. John's University

St. John's University

Professor

Charles Wankel

Charles Wankel

Global Goals

7. Affordable and Clean Energy 13. Climate Action

Keep this story going! Share below!

Summary

Beginning as an oil heat delivery provider, Approved Oil has evolved into a forward-thinking provider of total care for customers’ heating equipment, fuel delivery, and overall support of New York City’s community. The company has become the leader in distributing renewable diesel while also achieving significant business benefits that significantly impact the local community.


Innovation

Approved Oil's innovation lies in its strategic shift towards the distribution of renewable diesel, marking a pivotal transformation in its operations. Propelled by a steadfast commitment to sustainability, this strategic evolution has positioned the company as a trailblazer in the energy sector. Approved Oil has aligned itself with global sustainability objectives by diversifying its product offerings to include environmentally conscious fuels. Still, it has also differentiated itself in a competitive market landscape.

Approved Oil's adoption of renewable diesel is a tangible step towards the United Nations Sustainable Development Goals, particularly those related to climate action (SDG 13) and affordable and clean energy (SDG 7). By promoting the use of renewable diesel, Approved Oil directly contributes to reducing carbon emissions and lessening the environmental impact of traditional fossil fuel use. This innovative solution serves as a model for fostering a more sustainable energy ecosystem, both locally and globally.

Moreover, Approved Oil's commitment to renewable diesel distribution transcends mere business interests; it embodies a paradigm shift towards a more ethical and responsible approach to energy consumption. By prioritizing sustainability and environmental stewardship, the company secures its position as a leader in the industry. It sets a precedent for conscientious business practices prioritizing the well-being of both present and future generations. Through its innovative endeavors, Approved Oil is not only driving business growth but also paving the way for a cleaner, greener future, in line with the aspirations of the UN SDGs.


Fueling Sustainability: Innovations in Oil Distribution

Inspiration

The founder of Approved Oil was motivated by a combination of their own life experiences and deep beliefs about sustainability and innovation. Growing up in a family with generations of oil industry workers, they were exposed to the problems the business faces and its effects on the environment. Their early encounters sparked a drive within them to find ways to balance the imperative need for energy with the need to preserve the environment. They saw the industry's potential for transformation, which struck a deep chord with their moral principles. Their steadfast dedication to sustainability and innovation characterizes their leadership. They recognized a chance to change the oil industry's established economic model so that it actively promotes renewable energy, lowers carbon footprints, and works to create a cleaner future. As stated in the interview, “It sees this as a significant contribution to supporting NYC's green initiatives and paving the way for a cleaner and more sustainable future for all New Yorkers and beyond.” They continue to guide Approved Oil toward a future where energy production and preservation of the environment go hand in hand because they are driven by a desire to make a positive difference in the world and by the possibility of significant change. They aim to establish a new benchmark for ethical energy usage, extending beyond the organization to the industry.

Overall impact

Approved Oil's innovations immediately benefitted the firm and the communities it serviced in the short term. The decrease in carbon emissions and the environmental impact of its activities was one of the most obvious effects. Approved Oil reduced its dependency on conventional fossil fuels by implementing innovative technologies and procedures, which resulted in a noticeable decrease in air and water pollution in its operated areas. Furthermore, investors and customers responded favorably to Approved Oil's emphasis on sustainability. With Approved Oil, customers were likelier to choose a provider dedicated to environmental responsibility for their energy needs. The enhanced confidence and loyalty of consumers resulted in immediate financial benefits for the organization.

Over time, Approved Oil's ideas had an impact beyond its day-to-day operations. Due to the company's profitability, the oil sector as a whole was able to follow its lead and invest in renewable energy and environmentally friendly methods. Due to these ripple effects, the oil sector gradually changed to become more ecologically sensitive and sustainable. There are several ways to see the effects of these. First, information about the environmental impact and carbon emissions of Approved Oil would show a discernible decline over time, demonstrating the success of its sustainability efforts. Financial reports would also highlight the company's increased growth and profitability due to its innovations, showing the favorably received feedback from stakeholders and investors.


Business benefit

Approved Oil’s commitment to distributing renewable diesel has resulted in numerous business advantages. With the increased range of goods and services provided, the company has experienced growth in environmentally conscious fuels, thus positioning Approved Oil as a leader in the energy sector. They have differentiated themselves from other distributors with their commitment to sustainability. Moreover, the company has evolved competitiveness in the market and entered into new partnerships, such as with NYC’s Department of Citywide Administrative Services (DCAS). Furthermore, they attract the sustainably conscious consumer looking for alternative oil. The adoption of renewable diesel has strengthened Approved Oil’s reputation, making it a more trustworthy company, and improved its overall financial performance.


Social and environmental benefit

Choosing approved oil from responsible companies can have significant benefits for both the environment and people. These companies prioritize eco-friendly practices to ensure their oil doesn't harm nature. They use methods that are kinder to the planet, like using less water, emitting fewer greenhouse gases, and avoiding sensitive areas where animals and plants live. This helps keep ecosystems healthy and protects biodiversity, ensuring that oil production doesn't damage wildlife and habitats.

In addition, responsible oil companies often play a positive role in the communities where they operate. They create job opportunities, build essential structures like schools and hospitals, and ensure that workers are treated fairly and paid decent wages. This helps improve living standards and promote economic development in those areas. Additionally, when consumers choose approved oil, they support certifications like Fair Trade or Rainforest Alliance, guaranteeing that the oil is produced ethically and sustainably. These certifications also ensure supply chain transparency, helping prevent issues like deforestation, land exploitation, and human rights abuses.

Choosing approved oil is more than just a transaction, it's a commitment to a better world. It's about supporting eco-friendly practices, contributing to community development, and advocating for fair treatment of workers. By making informed choices and opting for oil from responsible companies, you're not just buying a product, you're investing in a sustainable and equitable future for everyone. Your choice matters, and it can make a significant difference in shaping the world we live in.


Interview

Maria DeSantis, Director of Sales

Business information

Approved Oil

Approved Oil

Brooklyn, NY, US
Business Website: https://approvedoil.com
Year Founded: 1932
Number of Employees: 51 to 200

Approved Oil is a preeminent entity among New York City's oil enterprises, distinguished by its longstanding status as one of the largest family-owned oil establishments. Boasting a workforce of 150 individuals and a fleet comprising 84 vehicles, Approved Oil has solidified its position as a determined provider of efficient energy solutions for both the residential and commercial sectors within the city.