Megawide Construction Corporation
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 16 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 2023, Megawide Construction Corporation reported total carbon emissions of approximately 24,420,000 kg CO2e. This figure includes about 4,602,000 kg CO2e from Scope 1 emissions and approximately 19,818,000 kg CO2e from Scope 2 emissions. The company has shown a significant reduction in emissions compared to previous years, with total emissions in 2022 recorded at about 16,379,640 kg CO2e, which included approximately 10,500 kg CO2e from Scope 1 and about 16,369,140 kg CO2e from Scope 2. In 2019, the total emissions were notably higher at approximately 1,835,757,000 kg CO2e, with Scope 1 emissions contributing about 1,148,144,000 kg CO2e and Scope 2 emissions at around 8,776,000 kg CO2e. This indicates a substantial decrease in emissions over the years, reflecting the company's commitment to reducing its carbon footprint. Despite these reductions, Megawide has not set specific science-based targets (SBTi) or documented reduction initiatives. The company does not currently disclose any Scope 3 emissions data, which encompasses indirect emissions from the value chain. Overall, Megawide Construction Corporation's emissions data demonstrates a positive trend towards sustainability, although further commitments and transparency regarding reduction targets would enhance its climate strategy.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,148,144,000 | 00,000 | 0,000,000 |
| Scope 2 | 8,776,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Megawide Construction Corporation 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.
