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 higher than 76% 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 emissions solely from Scope 1. In 2021, the company recorded a total of about 6,348,000 kg CO2e in Scope 1 emissions and approximately 69,588,000 kg CO2e in Scope 2 emissions, alongside about 7,793,000 kg CO2e from Scope 3 emissions. The 2020 emissions data indicated about 2,716,000 kg CO2e for Scope 1 and approximately 110,860,000 kg CO2e for Scope 2. Despite these figures, Filinvest has not publicly committed to specific reduction targets or initiatives, nor have they disclosed any climate pledges. The absence of detailed reduction strategies suggests a need for enhanced climate action within the organisation. As of 2023, no emissions data has been reported, indicating a potential gap in transparency regarding their carbon footprint. Overall, Filinvest's emissions profile highlights the importance of establishing clear climate commitments and reduction targets to align with global sustainability goals.
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.