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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 54% 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 marks a significant shift from 2023, where emissions were about 862,107 kg CO2e, with Scope 1 contributing 698,786 kg CO2e and Scope 2 at 164,322 kg CO2e. The PSE has committed to reducing its operational emissions towards net zero, aiming for carbon neutrality by 2050 at the latest, with this commitment covering both Scope 1 and Scope 2 emissions. The PSE's emissions data reflects a proactive approach to climate commitments, with a clear trajectory towards sustainability. The organisation has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. The reduction targets are part of a long-term strategy initiated in 2023, demonstrating the PSE's dedication to addressing climate change and enhancing its environmental performance.
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.