Filinvest Development Corporation
Filinvest Development Corporation (FDC), a prominent player in the Philippines, is headquartered in Makati City. Established in 1955, FDC has evolved into a diversified conglomerate, primarily operating in real estate, banking, hospitality, and power generation. The company is renowned for its innovative residential developments and commercial properties, which cater to a wide range of market segments. With a strong presence in key regions across the Philippines, FDC has achieved significant milestones, including the successful launch of various mixed-use developments and the expansion of its banking services through Filinvest Bank. The corporation's commitment to sustainability and community development sets it apart in the industry, solidifying its market position as a leader in integrated property solutions and financial services.
DitchCarbon Score
How does Filinvest Development Corporation'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 Real Estate Services 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
Filinvest Development Corporation's score of 14 is lower than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Filinvest Development Corporation's reported carbon emissions
In 2022, Filinvest Development Corporation reported carbon emissions of approximately 9,053,000 kg CO2e, with data available only for Scope 1 emissions. In 2021, the company recorded total emissions of about 6,348,000 kg CO2e for Scope 1, 69,588,000 kg CO2e for Scope 2, and 7,793,000 kg CO2e for Scope 3, indicating a comprehensive approach to emissions reporting across all three scopes. The 2020 emissions were approximately 2,716,000 kg CO2e for Scope 1 and 110,860,000 kg CO2e for Scope 2. Despite these figures, Filinvest has not publicly committed to specific reduction targets or initiatives, nor have they engaged with the Science Based Targets initiative (SBTi) for formal reduction goals. The absence of emissions data for 2023 suggests a potential gap in reporting or ongoing assessments of their carbon footprint. The company continues to monitor its greenhouse gas intensity, with reported values of 112.7 and 113.4 based on occupied or leased area in 2022 and 2023, respectively. Overall, while Filinvest Development Corporation has made strides in emissions reporting, further transparency regarding their climate commitments and reduction strategies would enhance their sustainability profile.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 2,716,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 110,860,000 | 00,000,000 | - |
| Scope 3 | - | 0,000,000 | - |
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.
Filinvest Development Corporation 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.
