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 92% 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 854,482.09 kg CO2e, comprising about 697,438.67 kg CO2e from Scope 1 and about 157,043.42 kg CO2e from Scope 2 emissions. This marked a significant increase in Scope 1 emissions compared to 2021, where they were approximately 104,360 kg CO2e, while Scope 2 emissions decreased to about 264,680 kg CO2e. In 2021, the PSE's total emissions were approximately 369,040 kg CO2e, indicating a shift in their emissions profile over the years. The PSE has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges as part of their sustainability initiatives. The PSE's commitment to addressing climate change is evident through their ongoing monitoring and reporting of emissions, although specific reduction initiatives or targets have not been outlined. As the organisation continues to evolve, further commitments may be anticipated in future sustainability reports.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 14,800 | 000,000 | 000,000.00 |
Scope 2 | 739,000 | 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 committed to any reduction initiatives 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.