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Medcoenergi
Medco Energi Internasional Tbk, commonly known as Medco Energi, is a prominent player in the energy sector, headquartered in Indonesia. Established in 1980, the company has evolved into a leading integrated energy firm, focusing on oil and gas exploration, production, and renewable energy initiatives across Southeast Asia and the Middle East. Medco Energi's core offerings include upstream oil and gas operations, power generation, and renewable energy projects, distinguishing itself through a commitment to sustainable practices and innovation. The company has achieved significant milestones, including strategic acquisitions and partnerships that have bolstered its market position. With a strong emphasis on operational excellence and environmental stewardship, Medco Energi continues to be a key contributor to the energy landscape in Indonesia and beyond.
DitchCarbon Score
How does Medcoenergi'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 Natural Gas Liquids 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
Medcoenergi's score of 13 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Medcoenergi's reported carbon emissions
In 2023, Medcoenergi reported significant carbon emissions, with Scope 1 emissions totalling approximately 4,223,200,000 kg CO2e, primarily from stationary combustion, which accounted for about 3,835,109,000 kg CO2e. Additionally, Scope 3 emissions reached approximately 5,710,288,000 kg CO2e. This data reflects a slight decrease in Scope 1 emissions compared to 2022, where they were about 4,345,147,000 kg CO2e, and a marginal increase in Scope 3 emissions from approximately 5,463,278,000 kg CO2e. Medcoenergi's emissions data is cascaded from its parent company, PT Medco Energi Internasional Tbk, indicating a corporate family relationship that influences its reporting and climate commitments. However, there are currently no specific reduction targets or initiatives disclosed, such as those aligned with the Science Based Targets initiative (SBTi). The company has not outlined any formal climate pledges or documented reduction initiatives, which places it in a context where further commitments may be necessary to align with industry standards for climate action. As a current subsidiary, Medcoenergi's emissions and climate strategies are likely influenced by the overarching policies of its parent organisation.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,200 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 11,329,000 | - | - | - |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Medcoenergi 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.
