Philex Mining Corporation, a leading player in the Philippine mining industry, is headquartered in Pasig City, Philippines. Established in 1955, the company has built a strong reputation for its commitment to responsible mining practices and sustainable development. Philex Mining primarily focuses on the exploration, development, and production of gold, copper, and silver, with significant operations in the Padcal mine located in Benguet province. Over the years, Philex Mining has achieved notable milestones, including the successful expansion of its mining operations and the implementation of innovative technologies to enhance efficiency. The company is recognised for its high-quality mineral products, which are distinguished by their adherence to stringent environmental standards. With a solid market position, Philex Mining continues to contribute to the growth of the mining sector in the Philippines while prioritising community welfare and environmental stewardship.
How does Philex Mining 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 Lead, Zinc, and Tin Processing 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.
Philex Mining Corporation's score of 9 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Philex Mining Corporation, headquartered in the Philippines, currently does not have available carbon emissions data for the most recent year, as indicated by the absence of specific figures. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3 emissions, nor are there any documented reduction targets or climate pledges. The company has not established any specific reduction initiatives or commitments to the Science Based Targets initiative (SBTi) or other climate-related frameworks. As such, Philex Mining Corporation's climate commitments remain unclear, and there is no inherited emissions data from a parent or related organization. In the context of the mining industry, companies are increasingly focusing on sustainability and reducing their carbon footprints. However, without specific data or commitments from Philex Mining Corporation, it is challenging to assess their position in this evolving landscape.
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.
Philex Mining 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.