NIDO Petroleum Philippines Pty Ltd Sustainability Profile
NIDO Petroleum Philippines Pty Ltd, commonly referred to as NIDO Petroleum, is a prominent player in the oil and gas industry, headquartered in the Philippines. Established in 1997, the company has made significant strides in exploration and production, particularly in the South China Sea and other key regions. NIDO Petroleum focuses on the development of oil and gas resources, offering unique solutions that leverage advanced technology and expertise. With a commitment to sustainable practices, the company has positioned itself as a leader in the sector, achieving notable milestones in resource discovery and production efficiency. Recognised for its innovative approach, NIDO Petroleum continues to enhance its market presence, contributing to the energy landscape in the Philippines and beyond.
DitchCarbon Score
How does NIDO Petroleum Philippines Pty Ltd'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
NIDO Petroleum Philippines Pty Ltd's score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NIDO Petroleum Philippines Pty Ltd's reported carbon emissions
NIDO Petroleum Philippines Pty Ltd, headquartered in the Philippines, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate carbon emissions at this time. It is important to note that NIDO Petroleum Philippines Pty Ltd is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organization. However, no specific information regarding such data or initiatives has been provided. In the context of the oil and gas industry, companies are increasingly expected to adopt robust climate strategies and set science-based targets to align with global climate goals. As of now, NIDO Petroleum's lack of reported emissions and commitments may reflect a need for further development in their environmental strategy.
How Carbon Intensive is NIDO Petroleum Philippines Pty Ltd's Industry?
How Carbon Intensive is NIDO Petroleum Philippines Pty Ltd's Location?
NIDO Petroleum Philippines Pty Ltd'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.
NIDO Petroleum Philippines Pty Ltd 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.
