Aboitiz Power Corporation
Aboitiz Power Corporation, commonly referred to as AboitizPower, is a leading player in the Philippine energy sector, headquartered in Taguig City, Metro Manila. Established in 1998, the company has significantly contributed to the nation’s power supply through its diverse portfolio, which includes renewable energy, hydroelectric, and thermal power generation. With a strong presence across Luzon, Visayas, and Mindanao, AboitizPower is committed to sustainable energy solutions, focusing on clean and renewable sources. The company has achieved notable milestones, including the expansion of its renewable energy capacity, positioning itself as a key contributor to the Philippines' energy transition. AboitizPower's dedication to innovation and sustainability sets it apart in the competitive energy market, making it a trusted partner in powering the nation’s growth.
DitchCarbon Score
How does Aboitiz Power 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 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 Power Corporation's score of 9 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aboitiz Power Corporation's reported carbon emissions
Aboitiz Power Corporation, headquartered in the Philippines, reported significant carbon emissions in 2019, totalling approximately 3,232,757,000 kg CO2e from Scope 1, 261,724,000 kg CO2e from Scope 2, and about 3,494,481,000 kg CO2e from Scope 3 emissions. This indicates a substantial carbon footprint, particularly from Scope 3 emissions, which encompass indirect emissions from the supply chain and product lifecycle. In 2018, the company recorded emissions of around 2,295,897,000 kg CO2e for Scope 1, 189,690,000 kg CO2e for Scope 2, and approximately 2,486,147,000 kg CO2e for Scope 3. The 2017 figures were even higher, with Scope 1 emissions at about 2,205,030,000 kg CO2e, Scope 2 at 281,116,000 kg CO2e, and Scope 3 at approximately 2,799,188,000 kg CO2e. Despite these figures, Aboitiz Power Corporation has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of documented reduction commitments suggests a need for enhanced climate strategies in line with industry standards. As the company continues to operate in a sector under increasing scrutiny for its environmental impact, establishing clear climate commitments will be crucial for aligning with global sustainability goals.
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| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | 2,205,030,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 281,116,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 2,799,188,000 | 0,000,000,000 | 0,000,000,000 |
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.
Aboitiz Power Corporation is not committed to any reduction initiatives 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.
