Aboitiz Equity Ventures, Inc. (AEV), a leading Philippine conglomerate, is headquartered in Taguig City, Metro Manila. Founded in 1994, AEV has established a strong presence across various sectors, including power, banking, food, and infrastructure. The company is renowned for its commitment to sustainable practices and innovation, particularly in the renewable energy sector, where it has made significant strides. With a diverse portfolio, Aboitiz operates major subsidiaries such as Aboitiz Power Corporation and Union Bank of the Philippines, contributing to its robust market position. AEV's focus on integrated solutions and customer-centric services sets it apart in the competitive landscape. Notable achievements include its recognition as one of the Philippines' top companies, reflecting its dedication to excellence and growth in the region.
How does Aboitiz Equity Ventures, Inc.'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.
Mean score of companies in the Electricity Transmission 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.
Aboitiz Equity Ventures, Inc.'s score of 15 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aboitiz Equity Ventures, Inc., headquartered in the Philippines, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. The company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As there is no emissions data available, it is unclear how Aboitiz Equity Ventures is addressing its carbon footprint or climate impact. The lack of reported emissions and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, many companies are increasingly focusing on transparency and accountability regarding their carbon emissions, setting ambitious targets to align with global climate goals. Aboitiz Equity Ventures may need to consider adopting similar practices to enhance its sustainability profile and meet stakeholder expectations.
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.
Aboitiz Equity Ventures, Inc. is participating in some 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.