Philex Mining Corporation Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Philex Mining Corporation's score of 12 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Philex Mining Corporation's reported carbon emissions
Philex Mining Corporation, headquartered in the Philippines, has reported no carbon emissions for the years 2019, 2020, and 2021, with total greenhouse gas (GHG) emissions recorded as 0.0 kg CO2e across all scopes. This data indicates a commitment to minimising carbon output, although specific reduction targets or initiatives have not been disclosed. The company has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. As such, Philex Mining Corporation's climate commitments remain unspecified, reflecting a potential area for future development in their sustainability strategy. The absence of emissions data suggests that Philex Mining Corporation may be in the early stages of formalising its climate action framework, which is increasingly important in the mining industry as stakeholders demand greater transparency and accountability regarding environmental impacts.
How Carbon Intensive is Philex Mining Corporation's Industry?
How Carbon Intensive is Philex Mining Corporation's Location?
Philex Mining 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.
Philex Mining 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.
