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 lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lopez Holdings Corporation's reported carbon emissions
In 2023, Lopez Holdings Corporation reported significant carbon emissions, with total emissions amounting to approximately 30,227,900 kg CO2e. This figure includes 5,542,700 kg CO2e from Scope 2 emissions and a substantial 30,227,900 kg CO2e from Scope 3 emissions. Notably, the company reported no Scope 1 emissions for this year. Comparatively, in 2022, the corporation's emissions were approximately 22,614,000 kg CO2e for Scope 2 and 4,811,300 kg CO2e for Scope 3, while Scope 1 emissions remained at zero. This indicates a shift in the emissions profile, with a notable increase in Scope 3 emissions in 2023. Despite these figures, Lopez Holdings Corporation has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the global focus on sustainability intensifies, it will be crucial for Lopez Holdings to establish clear commitments to reduce emissions across all scopes to align with industry standards and expectations.
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Get Started| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 32,289,300 | - | - |
| Scope 2 | 12,698,300 | 00,000,000 | 0,000,000 |
| Scope 3 | 7,242,600 | 0,000,000 | 00,000,000 |
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.
Lopez Holdings Corporation is not committed to any 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.
