MIE Holdings Corporation Sustainability Profile
MIE Holdings Corporation, also known as MIE, is a prominent player in the energy sector, headquartered in Hong Kong. Founded in 2006, the company has established a strong presence in various operational regions, focusing primarily on oil and gas exploration, production, and trading. MIE's core offerings include upstream oil and gas services, which are distinguished by their commitment to innovation and sustainability. The company has achieved significant milestones, positioning itself as a reliable partner in the energy market. With a strategic focus on enhancing operational efficiency and environmental responsibility, MIE Holdings continues to solidify its market position, contributing to the evolving landscape of the energy industry.
DitchCarbon Score
How does MIE Holdings 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 Crude Oil Extraction 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
MIE Holdings Corporation's score of 0 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MIE Holdings Corporation's reported carbon emissions
In 2024, MIE Holdings Corporation reported total carbon emissions of approximately 66,858,500 kg CO2e. This figure represents the company's overall emissions without specific breakdowns into Scope 1, 2, or 3 categories, as no detailed scope data has been disclosed. Despite the significant emissions total, MIE Holdings Corporation has not established any formal reduction targets or climate pledges, nor have they cascaded any targets from parent or related organizations. The absence of specific initiatives or commitments indicates a potential area for improvement in their climate strategy. The company’s emission intensity is reported at about 0.00007449 kg CO2e per unit of revenue, reflecting their operational efficiency in relation to revenue generation. However, without clear reduction initiatives or commitments, MIE Holdings Corporation's approach to climate action remains unclear. Overall, while the emissions data provides a snapshot of the company's carbon footprint, the lack of defined targets or commitments highlights an opportunity for MIE Holdings Corporation to enhance its climate strategy and align with industry standards for sustainability.
How Carbon Intensive is MIE Holdings Corporation's Industry?
How Carbon Intensive is MIE Holdings Corporation's Location?
MIE Holdings 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.
MIE Holdings 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.
