Aboitiz Equity Ventures, Inc. (AEV), a leading Philippine conglomerate, is headquartered in Taguig City, Metro Manila. Founded in 1994, AEV has established a strong presence across various sectors, including power, banking, food, and infrastructure. The company is renowned for its commitment to sustainable practices and innovation, particularly in the renewable energy sector, where it has made significant strides. With a diverse portfolio, Aboitiz operates major subsidiaries such as Aboitiz Power Corporation and Union Bank of the Philippines, contributing to its robust market position. AEV's focus on integrated solutions and customer-centric services sets it apart in the competitive landscape. Notable achievements include its recognition as one of the Philippines' top companies, reflecting its dedication to excellence and growth in the region.
How does Aboitiz Equity Ventures, 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 Electricity Transmission 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.
Aboitiz Equity Ventures, Inc.'s score of 13 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aboitiz Equity Ventures, Inc., headquartered in the Philippines, currently does not have publicly available carbon emissions data or specific reduction targets. The absence of emissions figures suggests that the company may still be in the early stages of formalising its climate commitments. While no specific initiatives or targets have been outlined, it is essential for companies in the sector to adopt industry-standard climate practices, including setting science-based targets for emissions reduction. As the global focus on sustainability intensifies, Aboitiz Equity Ventures, Inc. may need to develop and communicate its climate strategies to align with emerging regulatory frameworks and stakeholder expectations. In summary, without concrete emissions data or defined reduction initiatives, Aboitiz Equity Ventures, Inc. appears to have opportunities for enhancing its climate commitments and transparency in the context of carbon emissions management.
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.
Aboitiz Equity Ventures, Inc. is participating in some 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.