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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.
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.
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.
NIDO Petroleum Philippines Pty Ltd'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.
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.
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.
NIDO Petroleum Philippines Pty Ltd 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.