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 22 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Trinidad Petroleum Holdings Limited's reported carbon emissions
In 2021, Trinidad Petroleum Holdings Limited reported total carbon emissions of approximately 5,037,971,590 kg CO2e. This figure includes Scope 1 emissions of about 5,002,925,700 kg CO2e, Scope 2 emissions of approximately 30,842,470 kg CO2e, and Scope 3 emissions totalling around 4,203,420 kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from employee commuting (about 1,965,130 kg CO2e), purchased goods and services (approximately 24,920 kg CO2e), and waste generated in operations (around 2,213,380 kg CO2e). In 2020, the company’s total emissions were slightly higher at about 5,181,042,910 kg CO2e, with Scope 1 emissions at approximately 5,150,088,200 kg CO2e, Scope 2 emissions of around 26,682,260 kg CO2e, and Scope 3 emissions of about 4,272,440 kg CO2e. Trinidad Petroleum Holdings has set a long-term commitment to achieve carbon neutrality across The NGC Group by 2050, focusing on Scope 3 emissions. This initiative is part of their broader climate strategy, which aims to address the environmental impact of their operations. The emissions data is not cascaded from any parent organization, indicating that Trinidad Petroleum Holdings Limited independently reports its carbon footprint and climate commitments.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 5,150,088,200 | 0,000,000,000 |
| Scope 2 | 26,682,260 | 00,000,000 |
| Scope 3 | 4,272,440 | 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 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.
