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 expansion into international markets and a focus on sustainable practices, setting it apart in a competitive landscape.
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 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jg Summit Holdings's reported carbon emissions
In 2023, JG Summit Holdings, headquartered in the Philippines, reported total carbon emissions of approximately 2,585,360,000 kg CO2e. This figure includes 2,171,880,000 kg CO2e from Scope 1 emissions, 302,488,000 kg CO2e from Scope 2 emissions, and 110,991,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 2,615,183,000 kg CO2e, with Scope 1 emissions at 2,114,530,000 kg CO2e, Scope 2 at 391,600,000 kg CO2e, and Scope 3 at 109,053,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, JG Summit Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organisation. Overall, JG Summit Holdings is actively disclosing its emissions across all relevant scopes, contributing to transparency in its climate impact, but lacks defined reduction strategies at this time.
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| 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 not participating in any of the initiatives that 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.
