First Gen
First Gen Corporation, a leading player in the Philippine energy sector, is headquartered in Quezon City, Philippines. Established in 1998, the company has made significant strides in the renewable energy landscape, focusing on natural gas, geothermal, hydroelectric, and wind power generation. With a commitment to sustainability, First Gen operates major facilities across the country, contributing to the Philippines' energy security and environmental goals. The company is renowned for its innovative approach to energy solutions, particularly its pioneering role in the development of geothermal energy. First Gen's diverse portfolio positions it as a key contributor to the nation’s transition towards cleaner energy sources. Notable achievements include being a top provider of renewable energy in the Philippines, underscoring its market leadership and dedication to a sustainable future.
DitchCarbon Score
How does First Gen'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 Business 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.
Industry Benchmark
First Gen's score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Gen's reported carbon emissions
In 2023, First Gen Corporation reported total carbon emissions of approximately 12,383,478,980 kg CO2e. This figure includes Scope 1 emissions of about 6,966,796,290 kg CO2e, Scope 2 emissions of approximately 8,595,020 kg CO2e, and Scope 3 emissions totalling around 5,408,087,670 kg CO2e. The company has demonstrated a commitment to reducing its greenhouse gas emissions, aligning with the Philippines' Nationally Determined Contribution (NDC) to conditionally reduce GHG emissions by 75% by 2030, contingent upon support for climate finance and technology. First Gen aims to achieve a 30% reduction in Scope 1 and Scope 2 emissions from a 2020 baseline by 2030. In previous years, the company has also reported a decrease in emissions intensity, with a 3% reduction noted between 2017 and 2018, where the average CO2 emissions intensity was reduced from 0.38 tonnes CO2/MWh to 0.37 tonnes CO2/MWh. The emissions data for First Gen is cascaded from its parent company, First Gen Corporation, which is responsible for the overall emissions reporting and climate initiatives. The company is actively working towards its climate commitments while navigating the challenges of the energy sector in the Philippines.
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| 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,494,600,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,390,200,000 | 0,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 47,400,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
First Gen is not participating in any of the initiatives that 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.
