Manila Electric Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Manila Electric's score of 28 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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Manila Electric's reported carbon emissions
In 2024, Manila Electric Company (Meralco) reported total carbon emissions of approximately 46,700,000,000 kg CO2e. This includes Scope 1 emissions of about 6,630,953,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 2,418,234,000 kg CO2e, mainly from purchased electricity. The company also disclosed significant Scope 3 emissions, totalling approximately 37,671,744,000 kg CO2e, which includes emissions from fuel and energy-related activities and upstream transportation and distribution. Meralco has set ambitious climate commitments, aiming for deep decarbonisation by mid-century (around 2050) through various strategies, including the adoption of carbon capture, utilisation, and storage technologies. In the near term, the company targets a 50% reduction in Scope 2 emissions by the end of 2024, having already signed renewable energy power supply agreements amounting to 2,329 MW, surpassing their initial target of 1,500 MW. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by Manila Electric Company. The company is actively working towards its climate goals while addressing its substantial carbon footprint across all scopes of emissions.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 32,950,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,910,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 29,990,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Manila Electric's Industry?
How Carbon Intensive is Manila Electric's Location?
Manila Electric's Scope 3 Categories Breakdown
Manila Electric's Scope 3 emissions, which increased by 4% last year and increased by approximately 26% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
Top Scope 3 Categories
Manila Electric'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.
Manila Electric 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.
