Petrovietnam Gas Joint Stock Corporation Sustainability Profile
Petrovietnam Gas Joint Stock Corporation, commonly known as PV Gas, is a leading entity in Vietnam's energy sector, headquartered in Ho Chi Minh City. Established in 1990, PV Gas has played a pivotal role in the development of the natural gas industry in Vietnam, focusing on the production, transportation, and distribution of gas products. With a strong presence in key operational regions across the country, PV Gas offers a range of core services, including gas processing, storage, and transportation. The company is renowned for its commitment to safety and environmental sustainability, setting it apart in a competitive market. As a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), PV Gas has achieved significant milestones, solidifying its position as a market leader in the natural gas sector, and contributing to the nation's energy security and economic growth.
DitchCarbon Score
How does Petrovietnam Gas Joint Stock 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 Natural Gas 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
Petrovietnam Gas Joint Stock Corporation's score of 8 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Petrovietnam Gas Joint Stock Corporation, headquartered in Vietnam, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of the Vietnam Oil and Gas Group, which may influence its overall climate strategy and performance metrics. Despite the lack of specific emissions data, Petrovietnam Gas has not outlined any formal reduction targets or commitments through the Science Based Targets initiative (SBTi) or other climate pledges. This suggests that while the company is part of a larger corporate family, it may not yet have established its own distinct climate action framework or reduction initiatives. As the energy sector increasingly prioritises sustainability, Petrovietnam Gas will likely need to develop and communicate its climate commitments to align with industry standards and expectations.
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How Carbon Intensive is Petrovietnam Gas Joint Stock Corporation's Industry?
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Petrovietnam Gas Joint Stock Corporation'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.
Petrovietnam Gas Joint Stock Corporation 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.
