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Electricity from Other Sources
PH
updated 18 days ago

Energy Development Corporation Sustainability Profile

Company website

Energy Development Corporation (EDC), headquartered in the Philippines, is a leading player in the renewable energy sector, specialising in geothermal energy production. Founded in 1976, EDC has established itself as a pioneer in harnessing the Philippines' rich geothermal resources, operating primarily in regions such as Luzon, Visayas, and Mindanao. The company offers a range of core services, including the development, operation, and maintenance of geothermal power plants, which are distinguished by their commitment to sustainability and innovation. EDC's unique approach to energy development has positioned it as a market leader, with notable achievements in reducing carbon emissions and promoting renewable energy solutions. With a strong focus on environmental stewardship, EDC continues to drive the transition towards a greener energy future in the Philippines and beyond.

DitchCarbon Score

How does Energy Development 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.

31

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

22

Industry Benchmark

Energy Development Corporation's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Energy Development Corporation's reported carbon emissions

In 2024, Energy Development Corporation (EDC) reported total carbon emissions of approximately 42,023,000 kg CO2e, comprising 831,000 kg CO2e from Scope 1 and 41,192,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, where total emissions were about 45,931,000 kg CO2e, with Scope 1 emissions at 837,000 kg CO2e and Scope 2 emissions at 45,094,000 kg CO2e. EDC has set ambitious near-term targets to reduce its carbon footprint, aiming for near-zero emissions in both Scope 1 and Scope 2 by 2025. These commitments reflect the company's proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The emissions data is cascaded from EDC, which operates as a current subsidiary within its corporate family. The organization has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from energy consumption. Overall, EDC's commitment to reducing its carbon emissions is a significant step towards achieving sustainability in the energy sector, particularly in the Philippines.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2012201320142015201620202021202220232024
Scope 1
91,200
00,000
000,000,000
000,000,000
000,000,000
0,000,000,000
000,000,000
000,000
000,000
000,000
Scope 2
4,993,500
0,000,000
0,000,000
0,000,000
0,000,000
-
0,000,000
00,000,000
00,000,000
00,000,000
Scope 3
349,250,000
000,000,000
-
-
-
-
0,000,000
-
-
-

How Carbon Intensive is Energy Development Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Energy Development Corporation's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Energy Development Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Energy Development Corporation is in PH, which has a medium grid carbon intensity relative to other regions.

Energy Development 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.

Energy Development 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Energy Development Corporation's Emissions with Industry Peers

PetroSolar Corporation

PH
Updated about 1 month ago

Brookfield Renewable Partners L.P.

CA
•
Transmission services of electricity
Updated 8 days ago

TotalEnergies

FR
•
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated about 1 hour ago

Vestas

DK
•
Electricity by wind
Updated about 11 hours ago

Duke Energy

US
•
Electricity nec
Updated 4 days ago

Nextera Energy Partners Lp

US
•
Electricity by wind
Updated 2 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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