PNOC Exploration Corporation, commonly referred to as PNOC EC, is a leading player in the Philippine energy sector, headquartered in the vibrant capital of Manila, Philippines. Established in 1976, the company has made significant strides in the exploration and development of oil and gas resources, primarily focusing on upstream activities. With a strong presence in various operational regions across the Philippines, PNOC EC is dedicated to harnessing the nation’s energy potential through its core services, which include hydrocarbon exploration, production, and development. The company is recognised for its commitment to sustainable practices and innovation, positioning itself as a key contributor to the country’s energy security. Notable achievements include successful partnerships and exploration projects that have bolstered its market position, making PNOC EC a vital entity in the pursuit of energy independence for the Philippines.
How does PNOC Exploration 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 Crude Oil 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.
PNOC Exploration Corporation's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, PNOC Exploration Corporation has not disclosed specific carbon emissions figures for recent years, with the most recent emissions data dating back to 2014. In that year, the company reported emissions associated with the Luzon grid's electricity generation, with an emission intensity of approximately 655.0 kg CO2e per kWh. PNOC Exploration Corporation has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce greenhouse gas emissions. The absence of disclosed Scope 1, 2, or 3 emissions data further highlights the need for improved transparency in their climate impact reporting. In the context of the energy sector in the Philippines, where the transition to cleaner energy sources is increasingly critical, PNOC Exploration Corporation's lack of defined climate commitments may pose challenges in aligning with global climate goals. The company is encouraged to establish measurable targets and enhance its reporting practices to contribute effectively to climate action initiatives.
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.
PNOC Exploration Corporation is not committed to any reduction initiatives 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.