SM Foundation
SM Foundation, officially known as SM Foundation, Inc., is a prominent non-profit organisation headquartered in the Philippines. Established in 1983, the foundation has made significant strides in various sectors, focusing primarily on education, healthcare, and disaster response. With a strong presence across the Philippines, SM Foundation has been instrumental in enhancing community welfare through its innovative programmes and initiatives. The foundation is renowned for its unique scholarship programmes, which provide educational opportunities to underprivileged youth, and its health initiatives that aim to improve access to medical care. Notable achievements include partnerships with local governments and other organisations, positioning SM Foundation as a leader in corporate social responsibility. Through its commitment to sustainable development, SM Foundation continues to make a lasting impact on the communities it serves.
DitchCarbon Score
How does SM Foundation'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.
Industry Average
Mean score of companies in the Other 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.
Industry Benchmark
SM Foundation's score of 9 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SM Foundation's reported carbon emissions
In 2023, SM Foundation reported total carbon emissions of approximately 3,000,000 kg CO2e, comprising 422,320 kg CO2e from Scope 1, 635,430 kg CO2e from Scope 2, and 2,792,000 kg CO2e from Scope 3 emissions. This marks a significant reduction in emissions compared to previous years, particularly from 2017, when total emissions reached about 5,063,060,000 kg CO2e, with Scope 1 at 2,478,097,000 kg CO2e, Scope 2 at 2,922,859,000 kg CO2e, and Scope 3 at 5,063,060,000 kg CO2e. The Foundation has not specified any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. However, their ongoing efforts to reduce emissions across all scopes indicate a commitment to sustainability and climate action. The data reflects a trend towards lower emissions, particularly in Scope 1 and Scope 2, suggesting effective measures are being implemented to enhance energy efficiency and reduce reliance on fossil fuels.
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Add to project| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 46,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | 000,000 | 000,000 |
| Scope 2 | 540,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 000,000 |
| Scope 3 | 176,150 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
SM Foundation 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.
