Rex, officially known as Rex International Holding, is a prominent player in the energy sector, headquartered in Singapore (SG). Founded in 2013, the company has rapidly established itself in the oil and gas industry, focusing on exploration and production activities across key operational regions, including the Middle East and North Africa. Rex is renowned for its innovative technologies, particularly in the field of enhanced oil recovery and its proprietary Rex Virtual Drilling technology, which sets it apart from competitors. The company has achieved significant milestones, including successful partnerships and strategic acquisitions that bolster its market position. With a commitment to sustainable practices, Rex continues to lead in delivering efficient energy solutions while maintaining a strong focus on environmental responsibility.
How does Rex'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 Real Estate Services 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.
Rex's score of 27 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Rex reported total carbon emissions of approximately 90,968,000 kg CO2e. This figure includes 27,567,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 6,500 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Notably, Scope 3 emissions accounted for a significant portion, totalling about 116,645,000 kg CO2e, which includes all other indirect emissions in the value chain. Despite the substantial emissions figures, there are currently no specific reduction targets or climate pledges disclosed by Rex. The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises sustainability, Rex's future commitments will be crucial in addressing its carbon footprint and aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | |
---|---|
Scope 1 | 27,567,000 |
Scope 2 | 300 |
Scope 3 | 116,645,000 |
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.
Rex 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.