LT Group Sustainability Profile
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 30 is higher than 57% 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 2024, LT Group, headquartered in the Philippines, reported total carbon emissions of approximately 242,844,990 kg CO2e. This figure includes about 75,099,320 kg CO2e from Scope 1 emissions and approximately 167,745,670 kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of about 194,612,300 kg CO2e, with Scope 1 emissions at approximately 60,828,270 kg CO2e and Scope 2 emissions at around 133,784,030 kg CO2e. Over the past few years, LT Group's emissions have fluctuated, with 2022 emissions recorded at about 215,946,350 kg CO2e, including 66,320,170 kg CO2e from Scope 1 and 149,626,180 kg CO2e from Scope 2. In 2021, emissions peaked at approximately 263,163,000 kg CO2e, primarily driven by Scope 1 emissions of about 155,468,000 kg CO2e. Despite these figures, LT Group has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company is a current subsidiary of LT Group, Inc., which may influence its sustainability strategies and reporting practices. However, no specific climate pledges or SBTi targets have been identified in their current commitments. Overall, LT Group's emissions data reflects a significant carbon footprint, with ongoing opportunities for improvement in their climate strategy and emissions reduction efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 77,610,490 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 736,530 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 137,158,320 | 000,000,000 | - | - | - | - |
How Carbon Intensive is LT Group's Industry?
How Carbon Intensive is LT Group's Location?
LT Group's Scope 3 Categories Breakdown
LT Group's Scope 3 emissions, which decreased by 20% last year and decreased by approximately 20% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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LT Group'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.
LT Group 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.
