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.
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.
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.
ABS-CBN Corporation's score of 18 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ABS-CBN Corporation reported zero carbon emissions across both Scope 1 and Scope 2 categories, indicating a total of 0.0 kg CO2e for each scope. This trend of low emissions has been consistent, with the same figures reported for 2022 and 2021. The company has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the value chain. Despite the absence of specific reduction targets or initiatives, ABS-CBN Corporation is actively engaged in sustainability efforts, as evidenced by their commitment to renewable energy sources. In 2022, they reported energy consumption from renewable sources amounting to approximately 81,150.88 GJ, alongside significant diesel consumption of about 5,667,090 GJ. Currently, ABS-CBN Corporation does not have any Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges. The emissions data is not cascaded from any parent or related organization, indicating that the figures are independently reported by ABS-CBN Corporation. Overall, while ABS-CBN Corporation has maintained low direct emissions, their future climate commitments and reduction strategies remain to be clearly defined.
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.