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.
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.
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.
First Gen's score of 32 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, First Gen reported total carbon emissions of approximately 12,383,478,980 kg CO2e, with emissions distributed across various scopes: 6,966,796,290 kg CO2e from Scope 1, 8,595,020 kg CO2e from Scope 2, and 5,408,087,670 kg CO2e from Scope 3. This represents a significant increase in emissions compared to previous years, indicating a need for enhanced climate strategies. In 2022, the company recorded total emissions of about 6,612,723,400 kg CO2e, with Scope 1 emissions at 6,605,316,670 kg CO2e, Scope 2 at 3,152,580 kg CO2e, and Scope 3 at 4,254,160 kg CO2e. The trend shows a growing carbon footprint, particularly in Scope 1 emissions, which are primarily from direct operations. First Gen has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets may hinder their ability to effectively manage and reduce their carbon emissions in line with global climate goals. Overall, First Gen's emissions data highlights the urgent need for the company to establish clear climate commitments and reduction strategies to mitigate its environmental impact and align with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 2,494,600,000 | 000,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,390,200,000 | 00,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 47,400,000 | 0,000,000 | 000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
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.
First Gen 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.