Submit your email to push it up the queue
The Philippine Stock Exchange, Inc. (PSE) is the principal stock exchange in the Philippines, headquartered in Makati City, PH. Established in 1927, the PSE has evolved into a vital platform for capital raising and investment, serving as a cornerstone of the country's financial market. It operates primarily in the securities industry, facilitating the trading of equities, bonds, and other financial instruments. With a diverse range of products and services, the PSE stands out for its commitment to transparency and investor protection. The exchange has achieved significant milestones, including the implementation of electronic trading systems and the introduction of various indices that track market performance. As a leading exchange in Southeast Asia, the PSE plays a crucial role in promoting economic growth and providing investors with opportunities in the dynamic Philippine market.
How does Philippine Stock Exchange'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.
Mean score of companies in the Business Services 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.
Philippine Stock Exchange's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, the Philippine Stock Exchange (PSE) reported total carbon emissions of approximately 635,940 kg CO2e, comprising 36,280 kg CO2e from Scope 1 and 599,660 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in their environmental impact, as they have consistently disclosed emissions data for the past several years. In 2023, PSE's emissions were significantly higher, with Scope 1 emissions at about 698,786 kg CO2e and Scope 2 emissions at approximately 164,322 kg CO2e. The trend indicates a potential shift in operational practices aimed at reducing their carbon footprint. PSE has set ambitious long-term climate commitments, aiming for net-zero operational emissions by 2050 at the latest. This commitment encompasses both Scope 1 and Scope 2 emissions, demonstrating a comprehensive approach to sustainability. The initiative began in 2023, with ongoing efforts to track progress towards these targets. The emissions data is not cascaded from any parent organization, indicating that PSE is independently managing its climate impact and sustainability initiatives. As the organisation continues to evolve its strategies, it remains focused on achieving carbon neutrality while enhancing its operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 753,980 | 00,000 | 000,000 | 000,000.00 | 000,000.00 | 00,000 |
Scope 2 | 18,590 | 000,000 | 000,000 | 000,000.00 | 000,000.00 | 000,000 |
Scope 3 | - | - | - | - | - | - |
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.
Philippine Stock Exchange 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.