Petron Corp 2022 SR
The report details Petron Corporation's sustainability performance and initiatives for the year 2022. The company achieved a 19.39% reduction in scarce water consumption compared to its 2016 baseline, saving over 2 million cubic meters of water in 2022 alone. Petron also commissioned Phase 3 of its more efficient cogeneration facility, which contributed to significant fuel oil savings and avoided over 114,000 tons of CO2 equivalent emissions. Additionally, the company established an ESG Council and developed its ESG Policy to further embed sustainability into its business operations. Through its Petron Engineering Scholarship Program, the company supported the graduation of 21 scholars, hiring 13 of them to work at its refinery and terminal.
Company: Petron Corp
Sector: Energy
Country: Philippines
Year: 2022
Type: SR
Pages: 55
Petron Corp
Sustainability Report
The report details Petron Corporation's sustainability performance and initiatives for the year 2022. The company achieved a 19.39% reduction in scarce water consumption compared to its 2016 baseline, saving over 2 million cubic meters of water in 2022 alone. Petron also commissioned Phase 3 of its more efficient cogeneration facility, which contributed to significant fuel oil savings and avoided over 114,000 tons of CO2 equivalent emissions. Additionally, the company established an ESG Council and developed its ESG Policy to further embed sustainability into its business operations. Through its Petron Engineering Scholarship Program, the company supported the graduation of 21 scholars, hiring 13 of them to work at its refinery and terminal.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Net Zero Target
Employees