Manila Electric
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 9 is higher than 74% 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 2023, Manila Electric Company (Meralco) reported total carbon emissions of approximately 36,352,508 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 slight increase in emissions compared to previous years, with 2022 emissions recorded at about 33,441,925 kg CO2e. In 2022, Meralco's Scope 1 emissions were approximately 6,257,204 kg CO2e, while Scope 2 emissions were around 2,151,383 kg CO2e, and Scope 3 emissions totalled about 33,441,925 kg CO2e. The trend shows a gradual increase in emissions over the years, with 2021 emissions at approximately 31,050,827 kg CO2e. Meralco has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the company is actively engaged in discussions around sustainability and carbon reduction, aligning with industry standards for climate action. The absence of formal reduction targets suggests a need for further commitment to measurable climate goals.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
