Jg Summit Holdings
JG Summit Holdings, Inc., a prominent player in the Philippines, is headquartered in Makati City. Founded in 1987, the company has established itself as a diversified conglomerate with significant operations across various sectors, including food and beverage, packaging, real estate, and telecommunications. With a commitment to innovation, JG Summit offers a range of core products and services, such as consumer goods through Universal Robina Corporation and telecommunications via its subsidiary, Globe Telecom. The company is recognised for its strong market position, consistently ranking among the top conglomerates in the Philippines. Notable achievements include its successful expansion into international markets and a focus on sustainable practices, which further solidify its reputation as a leader in the industry.
DitchCarbon Score
How does Jg Summit Holdings'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
Jg Summit Holdings's score of 24 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Jg Summit Holdings's reported carbon emissions
In 2023, JG Summit Holdings, headquartered in the Philippines, reported total carbon emissions of approximately 2.59 million tonnes CO2e. This figure includes about 2.17 million tonnes from Scope 1 emissions, 302,000 tonnes from Scope 2, and 111,000 tonnes from Scope 3 emissions. Over the past few years, the company has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were around 2.62 million tonnes CO2e, indicating a slight decrease in 2023. The emissions for 2021 were approximately 1.77 million tonnes CO2e, showing a significant reduction from previous years. JG Summit Holdings has not publicly set specific reduction targets under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). However, their ongoing efforts to monitor and report emissions reflect a growing awareness of climate impact and a commitment to sustainability. The company has received varying scores from CDP, with a recent score of "C" in 2023, indicating some progress in their climate strategy. Overall, JG Summit Holdings is actively engaging in climate commitments, focusing on transparency and gradual emissions reduction, aligning with industry standards for corporate sustainability.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,502,864,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 476,736,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
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.
Jg Summit Holdings is committed to some 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.
