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 Electricity Distribution 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 15 is higher than 83% 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 total carbon emissions of approximately 8,717,168 kg CO2e, comprising 6,443,711 kg CO2e from Scope 1, 2,273,457 kg CO2e from Scope 2, and 36,352,508 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in their emissions reporting. Meralco has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, the company is actively engaged in climate commitments, although details on specific pledges or targets remain unspecified. The absence of defined reduction goals suggests a need for further development in their sustainability strategy. Overall, Meralco's emissions data highlights the significant impact of their operations on the environment, particularly in Scope 3 emissions, which represent the majority of their carbon footprint. As the company navigates its climate commitments, establishing clear reduction targets will be crucial for aligning with global sustainability standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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Scope 1 | 32,950,000 | 00,000,000 | 0,000,000.00 | 0,000,000.00 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,910,000,000 | 0,000,000,000 | 0,000,000.00 | 0,000,000.00 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 29,990,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000.00 | 00,000,000 | 00,000,000 | 00,000,000 |
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.