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Petrochemical Asia (HK) Limited
Petrochemical Asia (HK) Limited, often referred to as Petrochemical Asia, is a prominent player in the petrochemical industry, headquartered in the Philippines. Established in the early 2000s, the company has rapidly expanded its operations across key regions in Asia, focusing on the production and distribution of high-quality petrochemical products. Specialising in a diverse range of core products, including polymers, solvents, and specialty chemicals, Petrochemical Asia distinguishes itself through its commitment to innovation and sustainability. The company has achieved significant milestones, positioning itself as a trusted supplier in the market, known for its reliability and customer-centric approach. With a strong market presence and a reputation for excellence, Petrochemical Asia continues to contribute to the growth of the petrochemical sector, meeting the evolving needs of its clients while adhering to the highest industry standards.
DitchCarbon Score
How does Petrochemical Asia (HK) Limited'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 Chemicals 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
Petrochemical Asia (HK) Limited's score of 7 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrochemical Asia (HK) Limited, headquartered in the Philippines, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Petron Corporation, which may influence its climate commitments and performance metrics. As of now, Petrochemical Asia has not established any documented reduction targets or climate pledges. This lack of specific initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of the petrochemical industry, it is essential for companies like Petrochemical Asia to align with global climate standards and frameworks, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), to enhance their sustainability efforts. In summary, while Petrochemical Asia (HK) Limited does not currently report emissions data or specific climate commitments, its affiliation with Petron Corporation may provide a pathway for future climate initiatives and performance improvements.
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| 2019 | |
|---|---|
| Scope 1 | 3,502,169,930 |
| Scope 2 | 73,624,430 |
| 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.
Petrochemical Asia (HK) Limited 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.
