Medco Energi Global Pte Ltd. Sustainability Profile
Medco Energi Global Pte Ltd, commonly referred to as Medco Energi, is a prominent player in the energy sector, headquartered in Singapore (SG). Founded in 1980, the company has established a strong presence in various operational regions, including Indonesia and the Middle East, focusing on oil and gas exploration, production, and renewable energy initiatives. Medco Energi is renowned for its commitment to sustainable energy solutions, offering a diverse portfolio that includes upstream oil and gas services, power generation, and renewable energy projects. The company distinguishes itself through innovative technologies and a dedication to environmental stewardship, positioning itself as a leader in the energy transition. With a robust market position, Medco Energi has achieved significant milestones, including strategic partnerships and expansions that enhance its operational capabilities. Its reputation for reliability and efficiency has solidified its status as a key contributor to the global energy landscape.
DitchCarbon Score
How does Medco Energi Global Pte Ltd.'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
Medco Energi Global Pte Ltd.'s score of 15 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Medco Energi Global Pte Ltd., headquartered in Singapore (SG), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of PT Medco Energi Internasional Tbk, which may influence its climate commitments and reporting practices. As of now, there are no documented reduction targets or climate pledges from Medco Energi Global Pte Ltd. This lack of specific initiatives suggests that the company may still be in the early stages of developing its climate strategy or reporting framework. Given the absence of direct emissions data, it is important to note that any climate commitments or reduction initiatives may be inherited from its parent company, PT Medco Energi Internasional Tbk. This relationship could potentially provide a framework for future emissions reporting and climate action strategies. In summary, while Medco Energi Global Pte Ltd. does not currently disclose specific emissions data or reduction targets, its affiliation with PT Medco Energi Internasional Tbk may play a crucial role in shaping its future climate commitments.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 321,396,330 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | 00,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 00,000,000,000 |
How Carbon Intensive is Medco Energi Global Pte Ltd.'s Industry?
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Medco Energi Global Pte Ltd.'s Scope 3 Categories Breakdown
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 92% of Scope 3 emissions.
Top Scope 3 Categories
Medco Energi Global Pte Ltd.'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.
Medco Energi Global Pte Ltd. 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.
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