Rex Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Rex's score of 46 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rex's reported carbon emissions
In 2024, Rex International Holding Limited reported total carbon emissions of approximately 649,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 631,600,000 kg CO2e. Scope 1 emissions were reported at about 14,914,800 kg CO2e, while Scope 2 emissions totalled approximately 22,700 kg CO2e (market-based). In 2023, the company’s emissions were higher, totalling around 894,000,000 kg CO2e, with Scope 3 emissions at about 894,004,500 kg CO2e, Scope 1 emissions at approximately 22,240,100 kg CO2e, and Scope 2 emissions at about 18,000 kg CO2e (market-based). For 2022, Rex reported total emissions of about 90,968,000 kg CO2e, with Scope 1 emissions at approximately 27,567,000 kg CO2e, Scope 2 emissions at about 300 kg CO2e (market-based), and Scope 3 emissions at around 63,395,000 kg CO2e. Despite these figures, Rex has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. Rex International is committed to transparency in its emissions reporting, as evidenced by its disclosures in sustainability reports.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 27,567,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 300 | 00,000 | 00,000 |
| Scope 3 | 63,395,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Rex's Industry?
How Carbon Intensive is Rex's Location?
Rex's Scope 3 Categories Breakdown
Rex's Scope 3 emissions, which decreased by 29% last year and increased by approximately 896% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 45% of Scope 3 emissions.
Top Scope 3 Categories
Rex'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.
Rex 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.
