Public Profile

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.

32

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.

25

Industry Benchmark

First Gen's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

First Gen's reported carbon emissions

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 marks a significant increase in emissions compared to previous years, reflecting the company's operational scale and energy production activities. In 2022, First Gen's total emissions were 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 indicates a growing carbon footprint, necessitating a focus on sustainability and emissions reduction. Despite the rising emissions, First Gen has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the energy sector in the Philippines, where the transition to cleaner energy sources is increasingly critical in addressing climate change. First Gen's emissions intensity for electricity production has been reported at approximately 320.0 kg CO2e per GWh in 2023, highlighting the need for ongoing efforts to enhance efficiency and reduce the carbon impact of their operations. As the company continues to navigate the challenges of climate commitments, its future strategies will be crucial in aligning with global sustainability goals.

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20162017201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Gen's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. First Gen is headquartered in PH, which has a rank of high, indicating high grid carbon 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 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.

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

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DitchCarbon Score

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