Victorias Milling Company, Inc. Sustainability Profile
Victorias Milling Company, Inc. (VMC), headquartered in the Philippines, is a leading player in the sugar and food manufacturing industry. Established in 1902, VMC has evolved into one of the largest sugar producers in the country, with significant operations in the Visayas region. The company is renowned for its high-quality sugar products, including raw and refined sugar, as well as its innovative by-products such as molasses and ethanol. VMC's commitment to sustainability and efficiency has positioned it as a market leader, with notable achievements in production capacity and operational excellence. The company’s unique approach to sugar milling and processing not only meets local demand but also supports export initiatives, reinforcing its reputation in the global market. With over a century of experience, Victorias Milling Company continues to set industry standards while contributing to the agricultural landscape of the Philippines.
DitchCarbon Score
How does Victorias Milling Company, 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 Sugar Products 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
Victorias Milling Company, Inc.'s score of 7 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Victorias Milling Company, Inc.'s reported carbon emissions
In 2015, Victorias Milling Company, Inc. reported total carbon emissions of approximately 2,995,000 kg CO2e. This figure includes Scope 1 emissions of about 495,000 kg CO2e, Scope 2 emissions of around 1,000,000 kg CO2e, and Scope 3 emissions totalling approximately 1,500,000 kg CO2e. The combined Scope 1 and 2 emissions amounted to about 1,495,000 kg CO2e. Despite the significant emissions reported, there are currently no publicly disclosed reduction targets or climate pledges from Victorias Milling Company, Inc. This indicates a potential area for improvement in their climate commitments. The company has not inherited any emissions data from a parent or related organization, and all reported data is directly from Victorias Milling Company, Inc. The company’s production emissions factors indicate that carbon emissions per tonne of cane are approximately 560 kg CO2e, while emissions per tonne of refined sugar are about 115,000 kg CO2e. These figures highlight the environmental impact of their operations within the sugar industry. Overall, while Victorias Milling Company, Inc. has provided emissions data, the absence of reduction initiatives or targets suggests a need for enhanced climate action strategies moving forward.
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| 2015 | |
|---|---|
| Scope 1 | 495,000 |
| Scope 2 | 1,000,000 |
| Scope 3 | 1,500,000 |
How Carbon Intensive is Victorias Milling Company, Inc.'s Industry?
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Victorias Milling Company, Inc.'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.
Victorias Milling Company, Inc. 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.
