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Natural Gas Extraction
VN
updated 6 months ago

Petrovietnam Gas Joint Stock Corporation

Company website

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.

8

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.

11

Industry Benchmark

Petrovietnam Gas Joint Stock Corporation's score of 8 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

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Petrovietnam Gas Joint Stock Corporation's reported carbon emissions

Inherited from Vietnam Oil and Gas Group

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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20232024
Scope 1
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Scope 2
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Scope 3
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Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Petrovietnam Gas Joint Stock Corporation's primary industry is Natural gas and services related to natural gas extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Petrovietnam Gas Joint Stock Corporation is in VN, which we do not have grid emissions data for.

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.

Petrovietnam Gas Joint Stock 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

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