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 16 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LT Group's reported carbon emissions
In 2022, LT Group reported total carbon emissions of approximately 218,178,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions totalled about 66,320,000 kg CO2e, with mobile combustion contributing approximately 2,585,000 kg CO2e, and stationary combustion accounting for the majority. Scope 2 emissions were around 14,720,000 kg CO2e, while Scope 3 emissions reached approximately 137,138,000 kg CO2e, primarily from purchased goods and services. Over the years, LT Group has shown fluctuations in its emissions. For instance, in 2021, total emissions were about 218,178,000 kg CO2e, with Scope 1 emissions at approximately 66,320,000 kg CO2e and Scope 2 at about 702,270 kg CO2e. In 2020, the company reported total emissions of around 196,561,000 kg CO2e, with Scope 1 emissions of about 74,125,470 kg CO2e and Scope 2 emissions of approximately 487,930 kg CO2e. Despite these figures, LT Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a challenging industry context, where emissions reduction is critical for sustainability and compliance with global climate standards.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 77,610,490 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 736,530 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 137,158,320 | 000,000,000 | 000,000,000 | 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 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.
