First Pacific Company Limited, commonly known as First Pacific, is a prominent investment management and holding company headquartered in Hong Kong. Founded in 1981, the company has established a strong presence across Asia, particularly in the Philippines, Indonesia, and China. Operating primarily in the telecommunications, consumer food products, and infrastructure sectors, First Pacific is recognised for its strategic investments in leading companies such as PLDT and Indofood. With a commitment to sustainable growth, First Pacific has achieved significant milestones, including its successful public listing and expansion into diverse markets. The company’s unique approach to value creation and operational excellence has positioned it as a key player in the Asian investment landscape, consistently delivering robust returns and fostering long-term partnerships.
How does First Pacific'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 Financial Intermediation 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 Pacific's score of 57 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, First Pacific, headquartered in Hong Kong, reported total carbon emissions of approximately 56,000 kg CO2e, comprising 1,000 kg CO2e from Scope 1 and 55,000 kg CO2e from Scope 2 (location-based). The company also disclosed significant Scope 3 emissions, with investments contributing about 6,563,116,000 kg CO2e and business travel accounting for 93,000 kg CO2e. In 2023, First Pacific's emissions were slightly higher, totalling around 61,000 kg CO2e, with 2,000 kg CO2e from Scope 1 and 59,000 kg CO2e from Scope 2 (location-based). Scope 3 emissions included investments at approximately 6,192,961,000 kg CO2e and business travel at 26,000 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. However, First Pacific is actively engaged in climate-related disclosures through the CDP, reflecting its commitment to transparency in environmental performance. Overall, First Pacific's emissions data highlights the significant impact of its investment activities on its overall carbon footprint, particularly in Scope 3 emissions, while the company continues to monitor and report its emissions without established reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,500 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 000,000 | 0,000 | 0,000 |
| Scope 2 | 128,000 | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 0,000 |
| Scope 3 | - | - | - | - | - | 00,000 | 00,000 | 0,000,000,000 | 0,000,000,000 |
First Pacific's Scope 3 emissions, which increased by 6% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
First Pacific has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
