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 19 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, the Philippine Stock Exchange (PSE) reported total carbon emissions of approximately 854,482 kg CO2e, comprising about 697,439 kg CO2e from Scope 1 and about 157,043 kg CO2e from Scope 2 emissions. This marked a significant increase in emissions compared to 2021, when total emissions were approximately 369,040 kg CO2e, with Scope 1 emissions at about 104,360 kg CO2e and Scope 2 emissions at about 264,680 kg CO2e. In 2020, the PSE's emissions were approximately 753,800 kg CO2e, with Scope 1 emissions at about 14,800 kg CO2e and Scope 2 emissions at about 739,000 kg CO2e. The trend indicates fluctuations in emissions over the years, with 2019 showing total emissions of approximately 772,570 kg CO2e, primarily driven by Scope 1 emissions of about 753,980 kg CO2e. Currently, the PSE has not established specific reduction targets or climate pledges, nor does it disclose any Scope 3 emissions data. The absence of defined reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. As the PSE continues to operate within a global context increasingly focused on sustainability, it may benefit from setting measurable targets to reduce its carbon footprint and contribute to broader climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 753,980 | 00,000 | 000,000 | 000,000.00 |
Scope 2 | 18,590 | 000,000 | 000,000 | 000,000.00 |
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.