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.
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.
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.
Oriental Petroleum and Minerals Corporation'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.
Oriental Petroleum and Minerals Corporation, headquartered in the Philippines, currently does not have specific carbon emissions data available for recent years. However, the company has set ambitious climate commitments aimed at reducing its carbon footprint. The corporation has established a target to reduce its Scope 1 and Scope 2 emissions by 35% by the year 2030, using 2015 as the baseline year. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for emissions reduction. While no specific emissions figures are provided, the outlined reduction targets demonstrate Oriental Petroleum's dedication to sustainability and its role in mitigating climate impacts within the energy sector. The company is focused on implementing strategies that contribute to a more sustainable future.
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 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.