Lopez Holdings Corporation
Lopez Holdings Corporation, a prominent player in the Philippines, is headquartered in Quezon City, PH. Established in 1934, the company has evolved into a diversified conglomerate with significant interests in media, telecommunications, and renewable energy. Notably, it operates through subsidiaries such as ABS-CBN Corporation, a leading media and entertainment entity, and First Philippine Holdings Corporation, which focuses on power generation and infrastructure. With a commitment to innovation and sustainability, Lopez Holdings has made strides in the renewable energy sector, positioning itself as a leader in clean energy solutions. The company’s unique blend of traditional and modern business practices has garnered recognition, solidifying its market position as a key contributor to the Philippine economy. Through strategic investments and a focus on corporate social responsibility, Lopez Holdings continues to shape the future of various industries in the region.
DitchCarbon Score
How does Lopez Holdings Corporation'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 Biomass Electricity 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
Lopez Holdings Corporation's score of 19 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lopez Holdings Corporation's reported carbon emissions
In 2022, Lopez Holdings Corporation reported total carbon emissions of approximately 40,087,000 kg CO2e, comprising 147,000 kg CO2e from Scope 1 and 39,940,000 kg CO2e from Scope 2 emissions. This data reflects a slight decrease in Scope 1 emissions from 149,000 kg CO2e in 2021, while Scope 2 emissions increased from 33,397,000 kg CO2e in the same year. The corporation has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 25% from 2021 levels by 2030 and Scope 2 emissions by 30% from 2021 levels by the same year. Additionally, Lopez Holdings is committed to achieving net zero emissions across all scopes by 2050. These targets demonstrate the company's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and emissions reduction.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 371,000 | 000,000 | 000,000 |
| Scope 2 | 27,549,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Lopez Holdings Corporation 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.
