2GO Group, Inc.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
2GO Group, Inc.'s score of 24 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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2GO Group, Inc.'s reported carbon emissions
In 2023, 2GO Group, Inc. reported total carbon emissions of approximately 204,094,000 kg CO2e, comprising about 200,094,000 kg CO2e from Scope 1 and about 4,608,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, where emissions were approximately 213,637,000 kg CO2e, with Scope 1 at about 209,337,000 kg CO2e and Scope 2 at about 4,263,000 kg CO2e. 2GO has set ambitious climate commitments, aiming for net-zero emissions by 2050. The company plans to reduce its Scope 1 emissions by 30% from a 2021 baseline by 2030 and similarly aims for a 30% reduction in Scope 2 emissions by the same year. Additionally, 2GO is targeting near-zero emissions for both Scope 1 and Scope 2 by the middle of this decade (2025). These targets are part of a broader strategy that includes energy efficiency measures and the adoption of renewable energy sources, with a long-term goal of achieving a cumulative greenhouse gas reduction of up to 40% by 2040, using 2019 as the baseline year. The emissions data for 2GO is cascaded from its parent company, SM Investments Corporation, which influences its sustainability initiatives and targets.
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| 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 | - | - | - | - |
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.
2GO Group, Inc. 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.
