Metro Pacific Investments Corporation

Metro Pacific Investments Corporation (MPIC), headquartered in the Philippines and operating in services auxiliary to financial intermediation, reported a total of approximately 22.75 billion kg CO2e for its fiscal year 2023. This figure encompasses Scope 1, 2, and 3 emissions.

In 2023, MPIC's Scope 1 emissions amounted to approximately 3.99 billion kg CO2e, while Scope 2 emissions were around 1.17 billion kg CO2e. Scope 3 emissions for the same year were approximately 17.27 billion kg CO2e.

Earlier data indicates significant emissions in prior years. For instance, in 2021, total emissions were approximately 45.07 billion kg CO2e, with Scope 1 at about 10.06 billion kg CO2e, Scope 2 at roughly 2.21 billion kg CO2e, and Scope 3 at approximately 32.81 billion kg CO2e. In 2020, Scope 1 emissions were approximately 8.70 billion kg CO2e, and Scope 2 (location-based) was around 2.03 billion kg CO2e, with Scope 3 (fuel and energy-related activities) at approximately 31.03 billion kg CO2e. In 2019, Scope 1 emissions were about 4.88 billion kg CO2e and Scope 2 (location-based) was approximately 1.98 billion kg CO2e, with Scope 3 (fuel and energy-related activities) at approximately 33.38 billion kg CO2e.

MPIC has stated its commitment to intensifying efforts to reverse emission trends through various renewable energy initiatives. Near-term targets are in place for Scope 1 and Scope 2 emissions between 2023 and 2025, focusing on reversing emission trends. The company's sustainability reports also highlight the use of emission factors for diesel consumption and purchased electricity in its operations.