Manila Electric Company, commonly known as Meralco, is a leading electric distribution utility based in the Philippines. Headquartered in Pasig City, Meralco serves a vast customer base across Metro Manila and surrounding provinces, making it the largest electric power distributor in the country. Founded in 1903, the company has achieved significant milestones, including the expansion of its service areas and the introduction of innovative energy solutions. Meralco's core offerings include electricity distribution, energy management services, and renewable energy initiatives, setting it apart in the competitive energy sector. With a commitment to sustainability and customer service, Meralco has established a strong market position, recognised for its reliability and efficiency. The company continues to play a pivotal role in the Philippines' energy landscape, driving advancements in technology and infrastructure.
How does Manila Electric'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.
Mean score of companies in the 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.
Manila Electric's score of 18 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Manila Electric Company (Meralco) reported significant carbon emissions, totalling approximately 10,200,842,400 kg CO2e from Scope 1, 2, and 3 sources. Specifically, Scope 1 emissions accounted for about 10,200,084,400 kg CO2e, while Scope 2 emissions were around 2,273,457,000 kg CO2e, and Scope 3 emissions reached approximately 36,352,508,000 kg CO2e. Meralco has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry challenges in addressing carbon emissions effectively. Overall, while Meralco's emissions data highlights the scale of their carbon footprint, the absence of clear reduction strategies raises questions about their long-term climate commitments and alignment with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 32,950,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 |
Scope 2 | 1,910,000,000 | 0,000,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 33,380,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Manila Electric is committed to some 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.