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 9 is higher than 76% 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 emissions, 2,273,457 kg CO2e from Scope 2 emissions, and 36,352,508 kg CO2e from Scope 3 emissions. This data highlights the company's ongoing impact on climate change, particularly through its Scope 3 emissions, which represent the majority of its carbon footprint. Meralco has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon emissions. However, the company is actively engaged in sustainability efforts, as indicated by its comprehensive reporting on emissions across all three scopes. The absence of formal reduction commitments suggests a need for further development in its climate strategy. Overall, while Meralco's emissions data reflects significant operational activity, the lack of defined reduction targets may limit its effectiveness in addressing climate change challenges. The company is encouraged to establish clear, science-based targets to enhance its climate commitments and contribute to global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
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 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.