Abacus Coal Exploration and Development Corporation, commonly referred to as Abacus Coal, is a prominent player in the coal industry, headquartered in the Philippines. Established in the early 2000s, the company has made significant strides in coal exploration and development, primarily focusing on major operational regions across Southeast Asia. Abacus Coal is dedicated to providing high-quality coal products, catering to both domestic and international markets. Their unique approach combines advanced exploration techniques with sustainable practices, setting them apart in a competitive landscape. With a commitment to innovation and environmental responsibility, Abacus Coal has positioned itself as a leader in the coal sector, achieving notable milestones in resource development and operational efficiency.
How does Abacus Coal Exploration and Development Corporation'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.
Mean score of companies in the Bituminous Coal 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.
Abacus Coal Exploration and Development Corporation's score of 0 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Abacus Coal Exploration and Development Corporation, headquartered in the Philippines, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate its carbon footprint. As a current subsidiary, Abacus Coal's climate initiatives and emissions data may be influenced by its corporate family structure. However, no specific initiatives or targets have been cascaded from a parent organisation, leaving a gap in their climate action strategy. In the context of the coal exploration and development industry, it is increasingly important for companies to adopt robust climate commitments and transparent emissions reporting to align with global sustainability goals. Without such measures, Abacus Coal may face challenges in meeting stakeholder expectations and regulatory requirements in the evolving landscape of climate accountability.
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.
Abacus Coal Exploration and Development Corporation 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.
