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Crude Oil Extraction
PH
updated 2 months ago

PXP Energy Corporation Sustainability Profile

Company website

PXP Energy Corporation, a prominent player in the Philippine energy sector, is headquartered in Makati City, Philippines. Founded in 2007, the company has established itself as a key operator in oil and gas exploration, focusing on the development of energy resources in the West Philippine Sea and other strategic locations. PXP Energy is renowned for its commitment to sustainable energy practices and innovative exploration techniques, which set it apart in a competitive market. The company’s core services include hydrocarbon exploration and production, with a strong emphasis on maximising resource potential while adhering to environmental standards. With a solid market position, PXP Energy has achieved significant milestones, including successful drilling projects and partnerships that enhance its operational capabilities. As it continues to navigate the evolving energy landscape, PXP Energy remains dedicated to contributing to the Philippines' energy security and economic growth.

DitchCarbon Score

How does PXP Energy 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.

0

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.

13

Industry Benchmark

PXP Energy Corporation's score of 0 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

3%

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PXP Energy Corporation's reported carbon emissions

PXP Energy Corporation, headquartered in the Philippines, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to mitigate its carbon footprint at this time. As there are no emissions data or reduction initiatives available, PXP Energy Corporation's climate strategy remains unclear. The absence of reported emissions and targets may reflect a broader industry context where many companies are still developing their sustainability frameworks. Without specific commitments or data, it is challenging to assess the company's position on climate action and carbon management.

How Carbon Intensive is PXP Energy Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PXP Energy Corporation's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is PXP Energy Corporation's Location?

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 PXP Energy Corporation is in PH, which has a medium grid carbon intensity relative to other regions.

PXP Energy 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.

PXP Energy 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.

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

Compare PXP Energy Corporation's Emissions with Industry Peers

Palawan55 Exploration & Production Corporation

PH
Updated about 2 months ago

The Philodrill Corporation

PH
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 2 months ago

China International Mining Petroleum Company Limited

HK
Updated 22 days ago

Chevron

US
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 15 days ago

Monte Oro Resources and Energy Inc.

PH
•
Aluminium ores and concentrates
Updated 2 months ago

Oxy

US
•
Chemicals nec
Updated 3 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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