Megawide Construction Corporation Sustainability Profile
Megawide Construction Corporation, a leading player in the Philippine construction industry, is headquartered in Pasig City, PH. Founded in 1988, the company has established a strong presence across various operational regions, focusing on infrastructure development, engineering, and construction services. Specialising in innovative solutions, Megawide is renowned for its unique approach to project delivery, particularly in the areas of airport development, transportation, and residential projects. The company has achieved significant milestones, including its role in the Mactan-Cebu International Airport expansion, which showcases its commitment to quality and efficiency. With a robust market position, Megawide continues to set industry standards, leveraging advanced technology and sustainable practices to deliver exceptional results. Its dedication to excellence has earned it numerous accolades, solidifying its reputation as a trusted partner in the construction sector.
DitchCarbon Score
How does Megawide Construction Corporation'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 Construction Work 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
Megawide Construction Corporation's score of 11 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Megawide Construction Corporation's reported carbon emissions
In 2024, Megawide Construction Corporation reported total carbon emissions of approximately 39,464,450 kg CO2e, comprising 12,204,390 kg CO2e from Scope 1 and 27,260,060 kg CO2e from Scope 2 emissions. This marks a significant increase from 2023, when the company recorded total emissions of about 25,050,370 kg CO2e, with Scope 1 emissions at 5,716,950 kg CO2e and Scope 2 emissions at 19,333,420 kg CO2e. The emissions data indicates a trend of increasing carbon output, particularly in Scope 2 emissions, which are primarily associated with the electricity consumption of the company. Notably, Megawide has not disclosed any Scope 3 emissions data, which would encompass indirect emissions from the supply chain and product use. Despite the lack of specific reduction targets or commitments, Megawide is actively engaged in sustainability initiatives, as evidenced by their annual sustainability reports. However, there are currently no documented science-based targets (SBTi) or other formal climate pledges in place. Overall, Megawide Construction Corporation's emissions profile reflects the challenges faced by the construction industry in managing carbon outputs, particularly in the context of increasing operational demands. The company continues to monitor and report its emissions, contributing to transparency in its environmental impact.
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| 2019 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,148,144,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 8,776,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Megawide Construction Corporation's Industry?
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Megawide Construction Corporation'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.
Megawide Construction Corporation 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.
