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.
-3 vs industry average
Jg Summit Holdings’s score of 29 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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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Jg Summit Holdings's reported carbon emissions
In 2024, JG Summit Holdings, headquartered in the Philippines, reported total carbon emissions of approximately 3.77 billion kg CO2e. This figure includes 1.74 billion kg CO2e from Scope 1 emissions, 368.1 million kg CO2e from Scope 2, and 1.66 billion kg CO2e from Scope 3 emissions. The company has set an ambitious target to reduce its greenhouse gas (GHG) emission intensity by 25% by 2025, using a 2020 baseline. In 2023, JG Summit Holdings recorded total emissions of about 2.03 billion kg CO2e, with Scope 1 emissions at 1.60 billion kg CO2e, Scope 2 at 314.3 million kg CO2e, and Scope 3 at 111.0 million kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. The company has disclosed emissions data across all three scopes, demonstrating transparency in its climate commitments. JG Summit Holdings is actively working towards its reduction initiatives, aiming to enhance its sustainability practices in line with industry standards.
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Jg Summit Holdings’s Climate Goals (2030 & 2050)
1 goal2025
25% reduction in all scopes
Reduce GHG emission intensity by 25% by 2025 vs 2020 baseline
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Jg Summit Holdings
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