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 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Rex reported total carbon emissions of approximately 894,004,500 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 894,004,500 kg CO2e. Scope 1 emissions were approximately 22,240,100 kg CO2e, while Scope 2 emissions totalled about 18,000 kg CO2e (market-based). In 2022, Rex's total emissions were approximately 90,968,000 kg CO2e, with Scope 1 emissions at about 27,567,000 kg CO2e and Scope 2 emissions at approximately 6,500 kg CO2e. The company has shown a notable increase in emissions from 2022 to 2023, particularly in Scope 3, which reflects the broader impact of their operations. Rex has not disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future focus. The absence of documented reduction targets suggests that while emissions data is available, a structured approach to emissions reduction may still be in development.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 27,567,000 | 00,000,000 | 00,000,000 |
Scope 2 | 300 | 00,000 | 00,000 |
Scope 3 | 116,645,000 | 000,000,000 | 000,000,000 |
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.