Oriental Petroleum and Minerals Corporation
Oriental Petroleum and Minerals Corporation (OPMC), headquartered in the Philippines, is a prominent player in the oil and gas industry. Founded in 1975, OPMC has established itself as a key operator in various regions, focusing on exploration, production, and development of petroleum resources. The company is renowned for its commitment to sustainable practices and innovative technologies, which set its core services apart in a competitive market. OPMC's strategic initiatives have led to significant milestones, including successful drilling projects and partnerships that enhance its operational capabilities. With a strong market position, OPMC continues to contribute to the energy sector, leveraging its expertise to meet the growing demand for reliable energy solutions in the Philippines and beyond.
DitchCarbon Score
How does Oriental Petroleum and Minerals 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
Oriental Petroleum and Minerals Corporation's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Oriental Petroleum and Minerals Corporation's reported carbon emissions
In 2019, Oriental Petroleum and Minerals Corporation, headquartered in the Philippines, reported significant carbon emissions totalling approximately 385,805,360 kg CO2e from Scope 1 sources and about 614,687 kg CO2e from Scope 2 sources. This data highlights the company's direct and indirect emissions, with Scope 1 emissions representing those produced directly by the company’s operations, while Scope 2 emissions are associated with the energy purchased and consumed. Currently, there are no publicly disclosed reduction targets or climate pledges from Oriental Petroleum and Minerals Corporation, indicating a potential area for improvement in their climate commitments. As the industry increasingly focuses on sustainability and reducing carbon footprints, the absence of specific initiatives may impact their competitive positioning in the market. Overall, while the company has reported substantial emissions, the lack of defined reduction strategies suggests a need for enhanced climate action to align with global sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | |
|---|---|
| Scope 1 | 385,805,360 |
| Scope 2 | 614,687 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
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.
Oriental Petroleum and Minerals Corporation is not committed to any reduction initiatives 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.
