Filinvest Development Corporation (FDC), a prominent player in the Philippines, is headquartered in Makati City. Established in 1955, FDC has evolved into a diversified conglomerate, primarily operating in real estate, banking, hospitality, and power generation. The company is renowned for its innovative residential developments and commercial properties, which cater to a wide range of market segments. With a strong presence in key regions across the Philippines, FDC has achieved significant milestones, including the successful launch of various mixed-use developments and the expansion of its banking services through Filinvest Bank. The corporation's commitment to sustainability and community development sets it apart in the industry, solidifying its market position as a leader in integrated property solutions and financial services.
How does Filinvest 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.
Mean score of companies in the Real Estate Services 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.
Filinvest Development Corporation's score of 17 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Filinvest Development Corporation reported carbon emissions of approximately 9,053,000 kg CO2e, with data available only for Scope 1 emissions. In 2021, the company recorded total emissions of about 6,348,000 kg CO2e for Scope 1, 69,588,000 kg CO2e for Scope 2, and 7,793,000 kg CO2e for Scope 3. The 2020 emissions were approximately 2,716,000 kg CO2e for Scope 1 and 110,860,000 kg CO2e for Scope 2. Despite these figures, Filinvest has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of a climate pledge or Science-Based Targets Initiative (SBTi) reduction targets indicates a need for further development in their sustainability strategy. The company continues to monitor its greenhouse gas (GHG) emissions, focusing on improving its operational efficiency and reducing its carbon footprint in the future.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 2,716,000 | 0,000,000 | 0,000,000 |
Scope 2 | 110,860,000 | 00,000,000 | - |
Scope 3 | - | 0,000,000 | - |
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.
Filinvest Development Corporation is not committed to any reduction initiatives 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.