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 11 is lower than 92% 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, headquartered in the Philippines, reported total carbon emissions of approximately 24,420,000 kg CO2e. This figure includes 4,602,000 kg CO2e from Scope 1 emissions and 19,818,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2019, Megawide's total emissions were significantly higher at about 1,835,757,000 kg CO2e, with Scope 1 emissions at 1,148,144,000 kg CO2e and Scope 2 emissions at 8,776,000 kg CO2e. This indicates a substantial reduction in emissions over the four-year period. Despite these reductions, Megawide has not set specific science-based targets or climate pledges, nor does it have documented reduction initiatives. The absence of such commitments may reflect a broader industry context where many construction firms are increasingly pressured to enhance their sustainability practices. Overall, while Megawide has made notable strides in reducing its carbon footprint, the lack of formal climate commitments or targets suggests there is room for further improvement in its environmental strategy.
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| 2019 | |
|---|---|
| Scope 1 | 1,148,144,000 |
| Scope 2 | 8,776,000 |
| 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.
