2GO Group, Inc., a leading logistics and transportation company based in the Philippines, has established itself as a key player in the maritime and logistics industry since its founding in 2004. Headquartered in Manila, 2GO operates extensively across the archipelago, providing essential services that include freight forwarding, shipping, and supply chain management. The company is renowned for its diverse range of offerings, including passenger ferries and cargo shipping, which are distinguished by their reliability and efficiency. With a commitment to innovation, 2GO has achieved significant milestones, enhancing its market position as a trusted partner in logistics solutions. As a result, 2GO Group, Inc. continues to play a vital role in connecting businesses and communities throughout the Philippines.
How does 2GO Group, 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 Inland Water Transport 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.
2GO Group, Inc.'s score of 24 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, 2GO Group, Inc., headquartered in the Philippines, reported significant carbon emissions, totalling approximately 204,100,000 kg CO2e. This figure comprises about 200,094,000 kg CO2e from Scope 1 emissions and about 4,608,000 kg CO2e from Scope 2 emissions. Compared to 2022, where emissions were approximately 213,637,000 kg CO2e (209,337,000 kg CO2e from Scope 1 and 4,260,000 kg CO2e from Scope 2), there is a slight reduction in total emissions. 2GO has set ambitious climate commitments, aiming for net-zero emissions by 2050 across both Scope 1 and Scope 2 emissions. In the near term, the company targets a 30% reduction in Scope 1 emissions from a 2021 baseline by 2030, as well as a similar 30% reduction in Scope 2 emissions by the same year. Additionally, 2GO aims to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade (2025). The emissions data for 2GO is cascaded from its parent company, SM Investments Corporation, which influences its sustainability initiatives. The company is actively working towards these targets, reflecting a commitment to addressing climate change and reducing its carbon footprint in the logistics and shipping industry.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 236,884,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,619,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
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.
2GO Group, Inc. 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.