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 65% 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 5,036,360 kg CO2e from Scope 1, which includes direct emissions from mobile and stationary combustion. Specifically, mobile combustion accounted for about 702,260 kg CO2e, while stationary combustion contributed approximately 4,333,100 kg CO2e. The company also reported Scope 2 emissions of about 1,927,760 kg CO2e, all from purchased electricity. Additionally, Scope 3 emissions were approximately 4,333,100 kg CO2e, primarily from purchased goods and services, totalling their emissions to about 11,297,220 kg CO2e for the year. Benguet Corporation has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The emissions data is cascaded from the parent company, reflecting the corporation's current subsidiary status. The company is committed to transparency in its emissions reporting, as evidenced by its disclosures to the Carbon Disclosure Project (CDP). Overall, while Benguet Corporation has significant emissions, it currently lacks defined reduction strategies or targets, indicating an area for potential improvement in its climate commitments.
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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.
