Benguet Corporation
Benguet Corporation, a prominent player in the mining and agriculture sectors, is headquartered in the Philippines. Established in 1903, the company has a rich history marked by significant milestones, including its pioneering role in the country's mining industry. With major operations in the Cordillera region, Benguet Corporation primarily focuses on gold, copper, and other mineral resources, alongside agricultural ventures. The company is renowned for its commitment to sustainable practices and community development, setting it apart in a competitive market. As a leader in the Philippine mining landscape, Benguet Corporation has achieved notable recognition for its innovative approaches and dedication to environmental stewardship. Its core products and services not only contribute to the local economy but also reflect a strong emphasis on responsible resource management.
DitchCarbon Score
How does Benguet 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.
Industry Average
Mean score of companies in the Precious Metal Reprocessing 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
Benguet Corporation's score of 13 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Benguet Corporation's reported carbon emissions
In 2022, Benguet Corporation reported total carbon emissions of approximately 10,000,720 kg CO2e. This figure includes Scope 1 emissions of about 5,035,360 kg CO2e, primarily from stationary combustion (4,333,100 kg CO2e) and mobile combustion (702,260 kg CO2e). Scope 2 emissions, attributed to purchased electricity, totalled around 1,927,760 kg CO2e. Additionally, Scope 3 emissions were reported at approximately 4,333,100 kg CO2e, with the majority stemming from purchased goods and services (3,690,000 kg CO2e). Benguet Corporation has not established specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The company is classified as a current subsidiary, and its emissions data is cascaded from its parent organisation, which is Benguet Corporation itself. Overall, while the company has disclosed significant emissions data, it currently lacks formal reduction targets or pledges to mitigate its carbon footprint.
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| 2022 | |
|---|---|
| Scope 1 | 5,035,360 |
| Scope 2 | 1,927,760 |
| Scope 3 | 4,333,100 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Benguet Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
