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 78% 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 495,000 kg CO2e from Scope 1 emissions, 1,000,000 kg CO2e from Scope 2 emissions, and 1,500,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 1,495,000 kg CO2e. Despite the significant emissions reported, there are currently no specific reduction targets or climate commitments outlined by Victorias Milling Company, Inc. The company has not disclosed any initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is not cascaded from any parent or related organization, indicating that the figures are solely from Victorias Milling Company, Inc. itself. The company has also provided production emission factors, indicating carbon emissions of about 560 kg CO2e per tonne of cane and approximately 115,000 kg CO2e per tonne of refined sugar. Overall, while Victorias Milling Company, Inc. has made strides in emissions reporting, further commitments and reduction initiatives would enhance its climate strategy.
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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.
