PAL Holdings, Inc. Sustainability Profile
PAL Holdings, Inc., commonly known as Philippine Airlines (PAL), is a prominent player in the aviation industry, headquartered in the Philippines. Founded in 1941, PAL has established itself as the country's first and flag carrier airline, serving both domestic and international routes across Asia, North America, and Europe. With a commitment to providing exceptional service, PAL offers a range of products including passenger flights, cargo services, and charter operations. The airline is renowned for its unique blend of Filipino hospitality and modern amenities, ensuring a memorable travel experience. Over the years, PAL has achieved significant milestones, including fleet modernisation and the introduction of new routes, solidifying its position as a leading airline in the region.
DitchCarbon Score
How does PAL Holdings, Inc.'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 Air Transport 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
PAL Holdings, Inc.'s score of 18 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PAL Holdings, Inc.'s reported carbon emissions
In 2024, PAL Holdings, Inc. reported significant carbon emissions, with Scope 1 emissions totalling approximately 4,343,922,000 kg CO2e and Scope 2 emissions at about 10,803,000 kg CO2e. This reflects a notable increase from 2023, where Scope 1 emissions were around 3,413,297,000 kg CO2e and Scope 2 emissions were approximately 4,452,000 kg CO2e. The company has consistently disclosed emissions data for Scope 1 and Scope 2, but does not currently report on Scope 3 emissions. PAL Holdings has set ambitious climate commitments, aiming for a 35% shift to renewable energy sources by 2030 and a 50% shift by 2040, in alignment with the Philippines Renewable Energy Roadmap. These targets are designed to significantly reduce their Scope 1 emissions over the long term. The company’s commitment to sustainability is further underscored by its ongoing initiatives to transition to cleaner energy sources. The emissions data for PAL Holdings is cascaded from its parent company, reflecting a corporate family relationship. The company is actively working towards its reduction targets while maintaining transparency in its emissions reporting.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,593,404,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 8,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is PAL Holdings, Inc.'s Industry?
How Carbon Intensive is PAL Holdings, Inc.'s Location?
PAL Holdings, Inc.'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.
PAL Holdings, Inc. 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.
