LT Group
LT Group, Inc., commonly referred to as LT Group, is a prominent player in the Philippines' beverage and tobacco industries. Headquartered in Makati City, the company has established a strong presence across various operational regions in the country since its founding in 1994. Specialising in alcoholic beverages, non-alcoholic drinks, and tobacco products, LT Group is renowned for its flagship brands, including Tanduay Rum and Asia Brewery's diverse portfolio. The company has achieved significant milestones, such as becoming one of the largest producers of rum in the world. With a commitment to quality and innovation, LT Group has solidified its market position, earning accolades for its sustainable practices and community engagement. As a leader in its sector, LT Group continues to shape the landscape of the Philippine beverage and tobacco markets.
DitchCarbon Score
How does LT Group'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 Media Production 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
LT Group's score of 24 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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LT Group's reported carbon emissions
In 2023, LT Group, headquartered in the Philippines, reported total carbon emissions of approximately 195,188,340 kg CO2e. This figure includes about 60,756,950 kg CO2e from Scope 1 emissions and approximately 134,431,380 kg CO2e from Scope 2 emissions. The company has shown a reduction in total emissions from 2022, where emissions were about 218,178,350 kg CO2e, with Scope 1 at approximately 66,320,170 kg CO2e and Scope 2 at around 151,858,180 kg CO2e. Over the past few years, LT Group's emissions have decreased significantly from about 263,163,000 kg CO2e in 2021, which included approximately 155,468,000 kg CO2e from Scope 1 and about 107,695,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data for 2023, but in 2020, it reported approximately 110,208,360 kg CO2e from purchased goods and services under Scope 3. Despite these reductions, LT Group has not set specific science-based targets (SBTi) or documented reduction initiatives. The emissions data is cascaded from its parent company, LT Group, Inc., indicating a corporate family relationship that influences its sustainability reporting. Overall, LT Group is making strides in reducing its carbon footprint, but further commitments and targets would enhance its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 77,610,490 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 736,530 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 137,158,320 | 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.
LT Group 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.
