Medcoenergi
Medco Energi Internasional Tbk, commonly known as Medco Energi, is a prominent player in the energy sector, headquartered in Indonesia. Established in 1980, the company has evolved into a leading integrated energy firm, focusing on oil and gas exploration, production, and renewable energy initiatives across Southeast Asia and the Middle East. Medco Energi's core offerings include upstream oil and gas operations, power generation, and renewable energy projects, distinguishing itself through a commitment to sustainable practices and innovation. The company has achieved significant milestones, including strategic acquisitions and partnerships that have bolstered its market position. With a strong emphasis on operational excellence and environmental stewardship, Medco Energi continues to be a key contributor to the energy landscape in Indonesia and beyond.
DitchCarbon Score
How does Medcoenergi'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 Natural Gas Liquids 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
Medcoenergi's score of 7 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Medcoenergi's reported carbon emissions
In 2022, Medcoenergi reported significant carbon emissions, with Scope 1 emissions totalling approximately 4,345,147,090 kg CO2e and Scope 2 emissions at about 24,390,270 kg CO2e. This reflects a slight decrease in Scope 1 emissions compared to 2021, where they were approximately 4,605,470,280 kg CO2e, and Scope 2 emissions were around 17,709,670 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). Medcoenergi's emissions intensity ratios for Scope 1 and Scope 2 combined were reported at approximately 0.29107 tonnes CO2e per unit of revenue in 2022, indicating their ongoing efforts to monitor and manage their carbon footprint. While no formal climate pledges or reduction targets have been established, Medcoenergi continues to engage in practices aimed at reducing their greenhouse gas emissions, particularly in the oil and gas sector. The company’s headquarters is located in Indonesia (ID), and they operate on a global scale, reflecting their commitment to addressing climate change within the energy industry.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,760,974,850 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 11,405,060 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Medcoenergi is not participating in any of the initiatives that 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.
