Benguet Corporation Sustainability Profile
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 20 is lower than 51% 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 2023, Benguet Corporation reported total carbon emissions of approximately 3,529,000 kg CO2e for Scope 1 and about 1,485,000 kg CO2e for Scope 2. This marks a significant reduction from 2022, where emissions were approximately 5,035,360 kg CO2e for Scope 1 and about 1,927,760 kg CO2e for Scope 2. The company has demonstrated a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been disclosed. Benguet Corporation's emissions data is cascaded from its parent company, reflecting its status as a current subsidiary. The emissions data is sourced directly from Benguet Corporation's own reporting, ensuring accuracy in the figures presented. While the company has not established specific science-based targets or climate pledges, it continues to monitor and report its emissions, contributing to transparency in its environmental impact. The absence of Scope 3 emissions data indicates a potential area for future focus as the company seeks to enhance its climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 5,035,360 | 0,000,000 |
| Scope 2 | 1,927,760 | 0,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Benguet Corporation's Industry?
How Carbon Intensive is Benguet Corporation's Location?
Benguet Corporation'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.
Benguet 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.
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