Lucio C. Tan Group of Companies Sustainability Profile
The Lucio C. Tan Group of Companies, often referred to as LCT Group, is a prominent conglomerate headquartered in the Philippines. Established in 1932, the company has significantly influenced various industries, including beverage, tobacco, and banking, with a strong presence in both local and international markets. LCT Group is renowned for its flagship products, such as Tanduay Rum and Fortune Tobacco, which have garnered a loyal customer base due to their quality and heritage. The company has achieved notable milestones, including being one of the largest producers in the Philippine beverage sector. With a commitment to innovation and sustainability, the Lucio C. Tan Group continues to solidify its market position, making it a key player in the Philippine economy.
DitchCarbon Score
How does Lucio C. Tan Group of Companies'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 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
Lucio C. Tan Group of Companies's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lucio C. Tan Group of Companies's reported carbon emissions
The Lucio C. Tan Group of Companies, headquartered in the Philippines, currently does not have available carbon emissions data for the most recent year, nor does it report any specific reduction targets or climate commitments. As such, there are no recorded emissions figures in kg CO2e, and no initiatives or pledges related to carbon reduction have been documented. In the absence of specific data, it is important to note that many companies in the industry are increasingly focusing on sustainability and climate action, often setting science-based targets to reduce their carbon footprints. However, without concrete information from the Lucio C. Tan Group, it is unclear how they align with these industry trends or what specific commitments they may have in place.
How Carbon Intensive is Lucio C. Tan Group of Companies's Industry?
How Carbon Intensive is Lucio C. Tan Group of Companies's Location?
Lucio C. Tan Group of Companies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lucio C. Tan Group of Companies has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Compare Lucio C. Tan Group of Companies's Emissions with Industry Peers
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