Prime Energy Resources Development B.V. Sustainability Profile
Prime Energy Resources Development B.V., commonly referred to as Prime Energy, is a leading player in the energy sector, headquartered in the Philippines. Established in 2000, the company has made significant strides in the development and management of energy resources, particularly in the oil and gas industry. With a focus on the Malampaya gas project, Prime Energy has positioned itself as a key contributor to the region's energy landscape, providing reliable and sustainable energy solutions. The company is renowned for its innovative approach to resource development, ensuring operational efficiency and environmental stewardship. Over the years, Prime Energy has achieved notable milestones, solidifying its reputation as a trusted partner in energy development. Its commitment to excellence and sustainability continues to drive its success in the competitive energy market.
DitchCarbon Score
How does Prime Energy Resources Development B.V.'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 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.
Industry Benchmark
Prime Energy Resources Development B.V.'s score of 0 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Prime Energy Resources Development B.V., headquartered in the Philippines, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that Prime Energy Resources Development B.V. is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organization. However, no specific details regarding such cascaded data or initiatives have been provided. In the context of the industry, companies are increasingly expected to adopt science-based targets and transparent reporting practices to address climate change. As of now, Prime Energy Resources Development B.V. has not publicly committed to any such initiatives, which may impact its competitive positioning in a market that prioritises sustainability and environmental responsibility.
How Carbon Intensive is Prime Energy Resources Development B.V.'s Industry?
How Carbon Intensive is Prime Energy Resources Development B.V.'s Location?
Prime Energy Resources Development B.V.'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.
Prime Energy Resources Development B.V. 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.
