LT Group
LT Group, Inc., commonly referred to as LT Group, is a prominent player in the Philippines' beverage and tobacco industries. Headquartered in Makati City, the company has established a strong presence across various operational regions in the country since its founding in 1994. Specialising in alcoholic beverages, non-alcoholic drinks, and tobacco products, LT Group is renowned for its flagship brands, including Tanduay Rum and Asia Brewery's diverse portfolio. The company has achieved significant milestones, such as becoming one of the largest producers of rum in the world. With a commitment to quality and innovation, LT Group has solidified its market position, earning accolades for its sustainable practices and community engagement. As a leader in its sector, LT Group continues to shape the landscape of the Philippine beverage and tobacco markets.
DitchCarbon Score
How does LT Group'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 Media Production 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
LT Group's score of 23 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LT Group's reported carbon emissions
In 2022, LT Group, headquartered in the Philippines, reported total carbon emissions of approximately 218,178,000 kg CO2e. This figure includes 66,320,000 kg CO2e from Scope 1 emissions, which primarily stem from mobile and stationary combustion, and 14,720,000 kg CO2e from Scope 2 emissions. Notably, Scope 3 emissions accounted for a significant 137,138,000 kg CO2e, predominantly from purchased goods and services. Comparatively, in 2021, LT Group's total emissions were about 205,000,000 kg CO2e, with Scope 1 emissions at 77,031,640 kg CO2e, Scope 2 at 702,270 kg CO2e, and Scope 3 emissions reaching 107,695,140 kg CO2e. This indicates a slight increase in total emissions year-on-year. Despite the lack of specific reduction targets or initiatives disclosed, LT Group's emissions data is cascaded from its parent company, LT Group, Inc., which is responsible for the overall corporate sustainability strategy. The company has not publicly committed to specific science-based targets or climate pledges, indicating a potential area for future development in their climate strategy. Overall, LT Group's emissions profile highlights the significant impact of Scope 3 emissions, suggesting a need for enhanced focus on supply chain sustainability and emissions reduction strategies.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 77,610,490 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 736,530 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 137,158,320 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
LT Group 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.
