Medcoenergi Sustainability Profile
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 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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Medcoenergi's reported carbon emissions
In 2024, Medcoenergi reported total greenhouse gas emissions of approximately 3,738,220,000 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. The company also disclosed 1,726,000 kg CO2e from Scope 2 emissions related to purchased electricity. Notably, Scope 3 emissions were significant, with 23,315,274,000 kg CO2e attributed to the use of sold products, alongside 50,447,000 kg CO2e from the processing of sold products and 1,841,562,000 kg CO2e from fuel and energy-related activities. In 2023, Medcoenergi's total emissions were approximately 4,223,200,000 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 emissions from 2022, where total emissions were about 4,345,147,000 kg CO2e. Medcoenergi's emissions data is cascaded from its parent company, PT Medco Energi Internasional Tbk, which is responsible for the overall climate strategy and performance metrics. However, there are currently no specific reduction targets or climate pledges disclosed by Medcoenergi, indicating a potential area for future commitment and improvement in their climate strategy. The company is actively engaged in initiatives to reduce methane emissions in the oil and gas sector, aiming for a reduction of about 25% in this area. This commitment aligns with industry standards for emissions reduction and reflects a growing awareness of the need for sustainable practices within the energy sector.
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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 |
How Carbon Intensive is Medcoenergi's Industry?
How Carbon Intensive is Medcoenergi's Location?
Medcoenergi's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 92% of Scope 3 emissions.
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Medcoenergi'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.
Medcoenergi 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.
