Yuchengco Group of Companies Sustainability Profile
The Yuchengco Group of Companies (YGC), headquartered in the Philippines, is a prominent conglomerate with a diverse portfolio spanning various industries, including finance, insurance, education, and real estate. Founded in 1946, YGC has established itself as a key player in the Philippine market, with significant operations across Southeast Asia. YGC's core offerings include insurance products through its subsidiary, Malayan Insurance, and educational services via the Mapúa University. The company is renowned for its commitment to innovation and customer service, setting it apart in a competitive landscape. With a rich history marked by strategic growth and notable achievements, YGC continues to strengthen its market position, contributing to the economic development of the regions it serves.
DitchCarbon Score
How does Yuchengco Group of Companies'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 Real Estate 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
Yuchengco Group of Companies's score of 15 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yuchengco Group of Companies's reported carbon emissions
In 2023, the Yuchengco Group of Companies reported carbon emissions of approximately 9,574,000 kg CO2e, specifically from Scope 2 emissions. There is no available data for Scope 1 or Scope 3 emissions for this year. The company has not disclosed any reduction targets or initiatives, nor does it appear to have cascaded data from a parent or related organization. The absence of specific reduction commitments or climate pledges indicates that the Yuchengco Group of Companies may still be in the early stages of formalising its climate strategy. As the organisation continues to assess its carbon footprint, it may consider establishing measurable targets to enhance its sustainability efforts in the future.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 9,574,000 |
| Scope 3 | - |
How Carbon Intensive is Yuchengco Group of Companies's Industry?
How Carbon Intensive is Yuchengco Group of Companies's Location?
Yuchengco Group of Companies'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.
Yuchengco Group of Companies 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.
