State Investment Trust Inc.
State Investment Trust Inc., commonly referred to as SIT, is a prominent financial institution headquartered in the Philippines. Established in 1995, the company has carved a niche in the investment trust industry, focusing on asset management and investment advisory services. With a strong presence in key regions across the Philippines, SIT is dedicated to providing innovative financial solutions tailored to meet the diverse needs of its clients. SIT offers a range of core services, including mutual funds, real estate investment trusts, and portfolio management, distinguished by their commitment to transparency and client-centric strategies. Over the years, State Investment Trust Inc. has achieved significant milestones, solidifying its market position as a trusted partner in wealth management. With a reputation for excellence and a focus on sustainable growth, SIT continues to lead the way in the evolving landscape of investment services in the Philippines.
DitchCarbon Score
How does State Investment Trust Inc.'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 Financial Intermediation 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
State Investment Trust Inc.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Investment Trust Inc.'s reported carbon emissions
In 2020, State Investment Trust Inc. reported total carbon emissions of approximately 39,856,000 kg CO2e. This figure includes Scope 1 emissions of about 4,463,000 kg CO2e, Scope 2 emissions of around 18,491,000 kg CO2e, and Scope 3 emissions totalling approximately 16,722,000 kg CO2e. The emissions data for 2021 is not available, and there are no disclosed emissions for the years 2018 and 2019. State Investment Trust Inc. has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organization, and all reported figures are derived directly from its own disclosures. The organisation's emissions intensity has been noted, with a value of approximately 51.34 kg CO2e per square foot in 2020. However, without specific reduction commitments or initiatives, the company's climate strategy remains unclear.
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| 2020 | |
|---|---|
| Scope 1 | 4,463,000 |
| Scope 2 | 18,491,000 |
| Scope 3 | 16,722,000 |
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.
State Investment Trust Inc. 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.
