Concreat Holdings Philippines, Inc. Sustainability Profile
Concreat Holdings Philippines, Inc., a prominent player in the construction materials industry, is headquartered in the Philippines and operates extensively across key regions. Founded in 2016, the company has quickly established itself as a leader in providing high-quality concrete products and innovative construction solutions. Specialising in ready-mix concrete, precast concrete, and aggregates, Concreat Holdings is recognised for its commitment to sustainability and advanced technology in production processes. The company’s unique offerings cater to a diverse range of construction projects, from residential to large-scale infrastructure developments. With a strong market position, Concreat Holdings has achieved significant milestones, including partnerships with major construction firms and a reputation for reliability and excellence in service delivery. As the demand for sustainable building materials grows, Concreat Holdings continues to set benchmarks in the industry, ensuring quality and efficiency in every project.
DitchCarbon Score
How does Concreat Holdings Philippines, 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 Cement 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
Concreat Holdings Philippines, Inc.'s score of 8 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Concreat Holdings Philippines, Inc.'s reported carbon emissions
In 2021, Concreat Holdings Philippines, Inc. reported total carbon emissions of approximately 705,160,000 kg CO2e. This figure includes Scope 1 emissions of about 294,674,000 kg CO2e, which encompasses direct emissions from owned or controlled sources, and Scope 2 emissions of approximately 10,643,720 kg CO2e, representing indirect emissions from the generation of purchased electricity. Additionally, the company disclosed Scope 3 emissions related to business travel, amounting to about 25,241,000 kg CO2e. The company has set ambitious near-term climate commitments, aiming to peak its greenhouse gas emissions by 2025. This target applies to both Scope 1 and Scope 2 emissions, as outlined in their integrated report. While specific percentage reduction targets have not been disclosed, the overarching goal is to contribute to a significant reduction in global greenhouse gas emissions, which currently stand at 59 gigatons annually. Concreat Holdings Philippines, Inc. does not inherit emissions data from a parent company, as it operates independently in this regard. The company is actively engaged in sustainability initiatives and is committed to addressing its carbon footprint through these outlined strategies.
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| 2021 | |
|---|---|
| Scope 1 | 294,674,000 |
| Scope 2 | 10,643,720 |
| Scope 3 | 25,241,000 |
How Carbon Intensive is Concreat Holdings Philippines, Inc.'s Industry?
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Concreat Holdings Philippines, Inc.'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Concreat Holdings Philippines, 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.
Concreat Holdings Philippines, Inc. 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.
