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 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Benguet Corporation's reported carbon emissions
In 2022, Benguet Corporation reported total carbon emissions of approximately 6,067,120 kg CO2e, comprising 5,035,360 kg CO2e from Scope 1 and 1,927,760 kg CO2e from Scope 2 emissions. Notably, there were no reported emissions from Scope 3. The company has shown a commitment to reducing its carbon footprint, with emissions in 2021 at about 6,083,980 kg CO2e, indicating a slight increase in 2022. In 2021, Benguet Corporation's emissions were approximately 4,486,210 kg CO2e for Scope 1 and 1,953,770 kg CO2e for Scope 2. The 2020 figures were lower, with Scope 1 emissions at about 3,732,997 kg CO2e and Scope 2 at 1,675,950 kg CO2e. The trend shows fluctuations in emissions over the years, with a peak in 2022. Despite these figures, there are currently no specific reduction targets or initiatives disclosed by the company, indicating a potential area for improvement in their climate commitments. As a mining corporation headquartered in the Philippines, Benguet Corporation operates within an industry that faces increasing scrutiny regarding environmental impact and sustainability practices.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 4,999,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,627,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000 |
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 committed to any reduction initiatives 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.
