SyCip Gorres Velayo
SyCip Gorres Velayo & Co. (SGV) is a leading professional services firm headquartered in the Philippines, with a strong presence in Southeast Asia. Founded in 1946, SGV has established itself as a key player in the accounting, auditing, tax, and advisory sectors, serving a diverse clientele across various industries. With a commitment to excellence, SGV offers a range of services, including financial advisory, risk management, and business consulting, tailored to meet the unique needs of its clients. The firm is renowned for its deep industry knowledge and innovative solutions, which have earned it a prominent market position. Over the years, SGV has achieved numerous accolades, solidifying its reputation as a trusted partner for businesses seeking to navigate the complexities of the financial landscape. Its dedication to integrity and professionalism continues to drive its success in the competitive professional services industry.
DitchCarbon Score
How does SyCip Gorres Velayo'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 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.
Industry Benchmark
SyCip Gorres Velayo's score of 19 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SyCip Gorres Velayo's reported carbon emissions
In 2023, SyCip Gorres Velayo reported significant emissions data, with Scope 1 emissions at approximately 244,000 kg CO2e and Scope 2 emissions reaching about 8,756,000 kg CO2e. However, there is no available data for Scope 3 emissions for this year. Looking back at previous years, the firm demonstrated a notable reduction in total emissions from 5,011,000 kg CO2e in 2019 to 2,645,000 kg CO2e in 2020, and further down to 806,000 kg CO2e in 2021. This indicates a substantial decrease in emissions over the years, particularly in Scope 2, which fell from 2,009,000 kg CO2e in 2019 to 796,000 kg CO2e in 2021. Despite these reductions, SyCip Gorres Velayo has not publicly committed to specific reduction targets or initiatives, nor have they joined any climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. Overall, while the firm has made progress in reducing its carbon footprint, ongoing efforts and clear commitments will be essential for future sustainability goals.
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Add to project| 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 41,000 | 00,000 | - | 000,000 |
| Scope 2 | 2,009,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 2,961,000 | 0,000,000 | 00,000 | - |
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.
SyCip Gorres Velayo 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.
