Aboitiz Equity Ventures, Inc. Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Aboitiz Equity Ventures, Inc.'s score of 18 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aboitiz Equity Ventures, Inc.'s reported carbon emissions
Aboitiz Equity Ventures, Inc., headquartered in the Philippines, currently does not have available carbon emissions data for the most recent year. As such, there are no specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions. The company has not outlined any formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. This absence of data and commitments suggests that Aboitiz Equity Ventures may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, many companies are increasingly focusing on sustainability and carbon reduction, making it essential for Aboitiz Equity Ventures to establish clear climate commitments to align with global standards and expectations.
How Carbon Intensive is Aboitiz Equity Ventures, Inc.'s Industry?
How Carbon Intensive is Aboitiz Equity Ventures, Inc.'s Location?
Aboitiz Equity Ventures, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aboitiz Equity Ventures, Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
