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, which includes 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 indicates a comprehensive approach to emissions reporting, covering all three scopes. Meralco has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the company is actively engaged in climate commitments, although details on specific pledges or targets remain unspecified. The absence of documented reduction initiatives suggests a potential area for growth in their sustainability strategy. Overall, Meralco's emissions data reflects its operational impact, while the lack of defined reduction targets highlights the need for enhanced climate action within the organisation.
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.