San Miguel

San Miguel's latest disclosed emissions for 2025 were approximately 39.2 billion kg CO2e. This total includes Scope 1 emissions of about 28.65 billion kg CO2e, Scope 2 emissions of approximately 1.19 billion kg CO2e, and Scope 3 emissions of about 9.44 billion kg CO2e. Key contributors to their 2025 Scope 3 emissions were purchased goods and services (approximately 5.92 billion kg CO2e) and fuel and energy-related activities (about 3.51 billion kg CO2e).

In 2024, San Miguel's total emissions were roughly 37.2 billion kg CO2e, comprising approximately 27.14 billion kg CO2e from Scope 1, about 1.15 billion kg CO2e from Scope 2, and around 8.93 billion kg CO2e from Scope 3. The increase in combined Scope 1 and 2 emissions in 2025 by 6% is primarily attributed to increased power generation by San Miguel Global Power and the resumption of Petron's Unit 3 co-generation facility.

San Miguel, headquartered in the Philippines, has set several climate commitments. These include a goal to reduce GHG emission intensity by 30% for both Scope 1 and Scope 2 by 2030, using 2021 levels as a baseline. For the longer term, they aim for a 70% reduction in GHG emission intensity for Scope 1 and Scope 2 by 2040, also from 2021 levels. An older target for the company (PBR) was to reduce Scope 1 and Scope 2 GHG emission intensity by 25% by 2025, from a 2018 baseline. San Miguel started reporting Scope 1 and Scope 2 GHG emissions in 2022 and initiated gathering Scope 3 data in 2024.