Trinidad Petroleum Holdings Limited
Trinidad Petroleum Holdings Limited (TPHL), headquartered in Trinidad and Tobago (TT), is a prominent player in the oil and gas industry, focusing on exploration, production, and refining. Established in 1993, TPHL has made significant strides in enhancing the energy sector within the Caribbean region, with operations primarily concentrated in Trinidad and Tobago. The company is renowned for its core services, including upstream exploration and production, as well as downstream refining and marketing of petroleum products. TPHL's commitment to innovation and sustainability sets it apart in a competitive market, allowing it to maintain a strong position in the industry. With a focus on operational excellence and environmental stewardship, Trinidad Petroleum Holdings Limited continues to contribute to the energy landscape while achieving notable milestones in efficiency and production capacity.
DitchCarbon Score
How does Trinidad Petroleum Holdings Limited'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
Trinidad Petroleum Holdings Limited's score of 23 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Trinidad Petroleum Holdings Limited's reported carbon emissions
In 2021, Trinidad Petroleum Holdings Limited reported total carbon emissions of approximately 5,003,000,000 kg CO2e, comprising 5,002,925,700 kg CO2e from Scope 1, 30,842,470 kg CO2e from Scope 2, and 4,203,420 kg CO2e from Scope 3 emissions. This marked a slight decrease from 2020, where emissions were about 5,150,088,200 kg CO2e, with Scope 1 emissions at 5,150,088,200 kg CO2e, Scope 2 at 26,682,260 kg CO2e, and Scope 3 at 4,272,440 kg CO2e. In 2019, the company reported significantly higher emissions, with Scope 1 at approximately 9,171,798,570 kg CO2e, Scope 2 at 24,634,040 kg CO2e, and Scope 3 at 51,860,680 kg CO2e. Despite these figures, Trinidad Petroleum Holdings Limited has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the oil and gas sector, which is under increasing scrutiny for its environmental impact, highlighting the importance of establishing clear climate commitments moving forward.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 9,171,798,570 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 24,634,040 | 00,000,000 | 00,000,000 |
| Scope 3 | 51,860,680 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Trinidad Petroleum Holdings Limited 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.
