ABS-CBN Corporation
ABS-CBN Corporation, a leading media and entertainment conglomerate based in the Philippines, has been a cornerstone of the industry since its founding in 1953. Headquartered in Quezon City, ABS-CBN operates extensively across the Philippines and has a significant presence in international markets, catering to the Filipino diaspora. The company is renowned for its diverse portfolio, which includes television, radio, film production, and digital content. ABS-CBN's flagship television network, known for its innovative programming and high-quality productions, has garnered numerous awards and a loyal audience. With a commitment to delivering compelling stories and entertainment, ABS-CBN has solidified its position as a market leader, continually adapting to the evolving media landscape. Its unique blend of local and international content sets it apart, making it a trusted source of information and entertainment for millions.
DitchCarbon Score
How does ABS-CBN 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 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
ABS-CBN Corporation's score of 27 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ABS-CBN Corporation's reported carbon emissions
In 2023, ABS-CBN Corporation reported zero carbon emissions across all scopes, including Scope 1, Scope 2, and Scope 3, indicating a significant commitment to reducing its environmental impact. This follows a trend from previous years, where in 2022, the company also recorded no emissions for Scope 1 and Scope 2, while Scope 3 emissions were not disclosed. Looking back to 2018, ABS-CBN's emissions were significantly higher, with Scope 1 emissions at approximately 4,697,000 kg CO2e, Scope 2 at about 25,806,000 kg CO2e, and Scope 3 at around 25,023,000 kg CO2e. The company has shown a consistent effort to manage and reduce its carbon footprint, as evidenced by the absence of emissions reported in the more recent years. Despite the lack of specific reduction targets or initiatives disclosed, the company's ability to report zero emissions in the latest years suggests a strong commitment to sustainability and climate responsibility. ABS-CBN's approach aligns with industry standards for climate action, focusing on transparency and accountability in its emissions reporting.
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| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | - | 0,000,000 | 00,000,000 |
| Scope 2 | 27,600,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,874,000 | 00,000,000 | 00,000,000 |
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.
ABS-CBN Corporation 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.
