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Crude Oil Extraction
HK
updated 20 days ago

MIE Holdings Corporation

Company website

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.

0

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.

12

Industry Benchmark

MIE Holdings Corporation's score of 0 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

5%

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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.

Industry emissions intensity

Very low
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Medium
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Very high
Some industries are more carbon intensive than others. MIE Holdings Corporation's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for MIE Holdings Corporation is in HK, which we do not have grid emissions data for.

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.

MIE Holdings Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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