TeaM Energy Corporation Sustainability Profile
TeaM Energy Corporation, a leading player in the Philippine energy sector, is headquartered in Quezon City, PH. Founded in 2007, the company has established itself as a significant contributor to the country's power generation landscape, primarily focusing on renewable energy and efficient thermal power solutions. With major operations in Luzon and Visayas, TeaM Energy is renowned for its commitment to sustainability and innovation. The company’s core offerings include clean energy solutions and reliable power supply, setting it apart in a competitive market. Notable achievements include the successful operation of several power plants, which have bolstered its position as a trusted energy provider. TeaM Energy Corporation continues to play a pivotal role in advancing the Philippines' energy landscape, aligning with national goals for sustainable development.
DitchCarbon Score
How does TeaM Energy Corporation'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 Electricity Transmission 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
TeaM Energy Corporation's score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TeaM Energy Corporation, headquartered in the Philippines, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Tokyo Electric Power Company Holdings, Incorporated, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from TeaM Energy Corporation. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given its affiliation with Tokyo Electric Power Company Holdings, it is important to note that any climate commitments or emissions performance may be influenced by the parent company's initiatives. However, without specific data or targets from TeaM Energy Corporation itself, a detailed assessment of its carbon emissions and climate commitments remains unclear.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 3,700,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 41,581,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is TeaM Energy Corporation's Industry?
How Carbon Intensive is TeaM Energy Corporation's Location?
TeaM Energy Corporation's Scope 3 Categories Breakdown
TeaM Energy Corporation's Scope 3 emissions, which increased by 9% last year and increased by approximately 178% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 88% of Scope 3 emissions.
Top Scope 3 Categories
TeaM Energy Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
TeaM Energy Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
