First Philippine Holdings Corporation
First Philippine Holdings Corporation (FPH) is a leading investment holding company headquartered in the Philippines. Established in 1961, FPH has made significant strides in various sectors, primarily focusing on energy, property development, and manufacturing. With a strong presence in Luzon and other key regions, the company has positioned itself as a pivotal player in the Philippine economy. FPH is renowned for its commitment to sustainable energy solutions, particularly through its subsidiary, First Gen Corporation, which is a major contributor to the country's renewable energy landscape. The company’s diverse portfolio also includes real estate development and construction, showcasing its versatility in meeting market demands. Over the years, FPH has achieved notable milestones, solidifying its reputation as a forward-thinking enterprise dedicated to innovation and sustainability.
DitchCarbon Score
How does First Philippine Holdings 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.
Industry Average
Mean score of companies in the Electricity Transmission 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 Philippine Holdings Corporation's score of 20 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
First Philippine Holdings Corporation's reported carbon emissions
In 2023, First Philippine Holdings Corporation (FPH) reported total carbon emissions of approximately 30,227,900 kg CO2e, with emissions distributed across various scopes: 7,125,100 kg CO2e from Scope 1, 5,542,700 kg CO2e from Scope 2, and a significant 30,227,900 kg CO2e from Scope 3. This marked a notable shift from 2022, where total emissions were about 48,113,000 kg CO2e, comprising 7,827,500 kg CO2e (Scope 1), 22,614,000 kg CO2e (Scope 2), and 4,811,300 kg CO2e (Scope 3). In 2021, FPH's emissions were higher, totalling approximately 47,000,000 kg CO2e, with 32,289,300 kg CO2e from Scope 1 and 12,698,300 kg CO2e from Scope 2, alongside 7,242,600 kg CO2e from Scope 3. Despite these figures, FPH has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. As a significant player in the industry, FPH's ongoing efforts to manage and report emissions are crucial for aligning with global climate goals and enhancing sustainability practices.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 32,289,300 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,698,300 | 00,000,000 | 0,000,000 |
| Scope 3 | 7,242,600 | 0,000,000 | 00,000,000 |
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 Philippine Holdings 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.
