PAL Holdings, Inc.
PAL Holdings, Inc., commonly known as Philippine Airlines (PAL), is a prominent player in the aviation industry, headquartered in the Philippines. Founded in 1941, PAL has established itself as the country's first and flag carrier airline, serving both domestic and international routes across Asia, North America, and Europe. With a commitment to providing exceptional service, PAL offers a range of products including passenger flights, cargo services, and charter operations. The airline is renowned for its unique blend of Filipino hospitality and modern amenities, ensuring a memorable travel experience. Over the years, PAL has achieved significant milestones, including fleet modernisation and the introduction of new routes, solidifying its position as a leading airline in the region.
DitchCarbon Score
How does PAL Holdings, 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 Air 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
PAL Holdings, Inc.'s score of 15 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PAL Holdings, Inc.'s reported carbon emissions
In 2024, PAL Holdings, Inc. reported total carbon emissions of approximately 4,343,922,000 kg CO2e for Scope 1 and about 10,803,000 kg CO2e for Scope 2. This reflects a significant increase in emissions compared to 2023, where emissions were approximately 3,413,297,000 kg CO2e for Scope 1 and about 4,452,000 kg CO2e for Scope 2. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported any data for Scope 3 emissions. PAL Holdings has set ambitious climate commitments, aiming for a 35% shift to renewable energy sources by 2030 and a 50% shift by 2040, in alignment with the Philippines Renewable Energy Roadmap. These targets are classified as absolute reductions under Scope 1 emissions. The company is currently in the process of implementing these initiatives, which are expected to contribute significantly to its overall emissions reduction strategy. The emissions data reported by PAL Holdings, Inc. is cascaded from its parent company, reflecting the broader corporate family's sustainability efforts. The company is actively working towards enhancing its environmental performance and reducing its carbon footprint in the aviation sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,593,404,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 8,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| 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.
PAL Holdings, 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.
