Global-Estate Resorts Sustainability Profile
Global-Estate Resorts, Inc. (GERI) is a prominent player in the Philippine real estate industry, headquartered in the vibrant city of Taguig. Founded in 1994, GERI has established itself as a leader in developing integrated leisure communities, primarily in key regions across the Philippines, including Cavite and Batangas. Specialising in resort-style residential developments, GERI offers unique products that blend luxury living with nature, catering to both local and international markets. The company has achieved significant milestones, including the successful launch of several high-profile projects that have garnered industry recognition. With a commitment to sustainable development and innovative design, Global-Estate Resorts continues to solidify its market position as a trusted name in the real estate sector.
DitchCarbon Score
How does Global-Estate Resorts'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
Global-Estate Resorts's score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Global-Estate Resorts's reported carbon emissions
In 2024, Global-Estate Resorts, headquartered in the Philippines, reported total carbon emissions of approximately 42,000,000 kg CO2e. This figure includes 12,803,760 kg CO2e from Scope 1 emissions, 15,267,250 kg CO2e from Scope 2 emissions, and 17,949,990 kg CO2e from Scope 3 emissions. Comparatively, in 2023, the company recorded total emissions of about 38,000,000 kg CO2e, with Scope 1 emissions at 1,383,140 kg CO2e, Scope 2 emissions at 20,620,620 kg CO2e, and Scope 3 emissions at 18,995,390 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. Looking back to 2022, Global-Estate Resorts reported total emissions of approximately 25,000,000 kg CO2e, with Scope 1 emissions at 1,448,000 kg CO2e, Scope 2 emissions at 10,759,730 kg CO2e, and Scope 3 emissions at 12,556,400 kg CO2e. The company has not disclosed specific reduction targets or initiatives, and there are no climate pledges noted in their reports. Emissions data is cascaded from their parent company, Global-Estate Resorts, Inc., which is the source of their performance metrics. Overall, while Global-Estate Resorts has made strides in reporting their emissions, the lack of reduction targets suggests a need for more robust climate commitments in line with industry standards.
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| 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,857,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 23,918,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 95,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Global-Estate Resorts's Climate Goals (2030 & 2050)
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.
Global-Estate Resorts 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.
