ABS-CBN Corporation Sustainability Profile
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 21 is lower than 73% 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 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 5,667,090.0 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 organization, indicating that the figures are solely representative of ABS-CBN Corporation's own operations. Overall, while ABS-CBN Corporation has maintained low direct emissions, the lack of comprehensive emissions data and reduction targets suggests an opportunity for further climate action and transparency in their sustainability commitments.
How Carbon Intensive is ABS-CBN Corporation's Industry?
How Carbon Intensive is ABS-CBN Corporation's Location?
ABS-CBN Corporation'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.
ABS-CBN Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
