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 27 is higher than 57% 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 2024, Medcoenergi reported total greenhouse gas emissions of approximately 3,800,000,000 kg CO2e, comprising 3,738,220,000 kg CO2e from Scope 1 emissions, which include 89,000,000 kg CO2e from fugitive emissions and 312,829,000 kg CO2e from stationary combustion. Additionally, Scope 2 emissions from purchased electricity were about 1,726,000 kg CO2e. The company also disclosed significant Scope 3 emissions, primarily from the use of sold products, amounting to approximately 23,315,274,000 kg CO2e. In 2023, Medcoenergi's total emissions were around 4,200,000,000 kg CO2e, with Scope 1 emissions at 4,223,200,000 kg CO2e and Scope 2 emissions at 1,566,000 kg CO2e. The company has shown a slight decrease in total emissions from 2022, where emissions were approximately 4,400,000,000 kg CO2e. Medcoenergi's emissions data is cascaded from its parent company, PT Medco Energi Internasional Tbk, which is responsible for the overall climate commitments and performance metrics. However, there are currently no specific reduction targets or initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. The company is actively engaged in reducing methane emissions from oil and gas operations, targeting a reduction of about 25% in this area. This commitment aligns with industry standards for climate action, although detailed reduction targets have not been specified. Overall, Medcoenergi's emissions profile reflects its operations in the oil and gas sector, with a significant focus on addressing methane emissions while navigating the complexities of Scope 1, 2, and 3 emissions reporting.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 321,396,330 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | - | 00,000 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 00,000,000,000 |
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.
