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 17 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 emitted about 25,050,370 kg CO2e, with 5,716,950 kg CO2e from Scope 1 and 19,333,420 kg CO2e from Scope 2. The emissions data for 2023 in the Philippines specifically indicated total emissions of approximately 24,420,000 kg CO2e, with 4,602,000 kg CO2e from Scope 1 and 19,818,000 kg CO2e from Scope 2. Megawide has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not made any formal climate pledges or commitments to reduce emissions, indicating a potential area for future development in their sustainability strategy. Overall, Megawide's emissions reflect the challenges faced by the construction sector in managing carbon footprints, particularly in a rapidly evolving climate landscape.
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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?
How Carbon Intensive is Megawide Construction Corporation's Location?
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.
