Jg Summit Holdings Sustainability Profile
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 34 is higher than 59% 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, and 110,991,000 kg CO2e from Scope 3. The previous year, 2022, the company recorded total emissions of 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. Over the years, JG Summit Holdings has shown a slight decrease in total emissions, from approximately 2,979,600,000 kg CO2e in 2019 to the 2023 figure. However, there are currently no specific reduction targets or climate pledges disclosed by the company. The emissions data is not cascaded from any parent organization, indicating that JG Summit Holdings independently reports its carbon footprint. The company has disclosed emissions across all three scopes, demonstrating a commitment to transparency in its climate impact reporting.
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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 |
How Carbon Intensive is Jg Summit Holdings's Industry?
How Carbon Intensive is Jg Summit Holdings's Location?
Jg Summit Holdings'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.
Jg Summit Holdings 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.
