First Pacific Sustainability Profile
First Pacific Company Limited, commonly known as First Pacific, is a prominent investment management and holding company headquartered in Hong Kong. Founded in 1981, the company has established a strong presence across Asia, particularly in the Philippines, Indonesia, and China. Operating primarily in the telecommunications, consumer food products, and infrastructure sectors, First Pacific is recognised for its strategic investments in leading companies such as PLDT and Indofood. With a commitment to sustainable growth, First Pacific has achieved significant milestones, including its successful public listing and expansion into diverse markets. The company’s unique approach to value creation and operational excellence has positioned it as a key player in the Asian investment landscape, consistently delivering robust returns and fostering long-term partnerships.
DitchCarbon Score
How does First Pacific'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 Financial Intermediation 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
First Pacific's score of 47 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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First Pacific's reported carbon emissions
In 2024, First Pacific, headquartered in Hong Kong, reported total carbon emissions of approximately 56,000 kg CO2e, comprising 1,000 kg CO2e from Scope 1 and 55,000 kg CO2e from Scope 2 (location-based). The company also disclosed significant Scope 3 emissions, with investments contributing about 6,563,116,000 kg CO2e, business travel at 93,000 kg CO2e, and waste generated in operations at 9,100 kg CO2e. Comparatively, in 2023, First Pacific's emissions were about 61,000 kg CO2e, with Scope 1 emissions at 2,000 kg CO2e and Scope 2 emissions (location-based) at 59,000 kg CO2e. Scope 3 emissions for that year included investments at approximately 6,192,961,000 kg CO2e and business travel at 26,000 kg CO2e. Despite these figures, First Pacific has not set specific reduction targets or initiatives as part of their climate commitments. The company has not disclosed any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The absence of reduction initiatives suggests a need for enhanced climate action strategies within the organisation. Overall, First Pacific's emissions data reflects a significant reliance on investments for Scope 3 emissions, indicating a potential area for future focus in their sustainability efforts.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 4,500 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 2 | 128,000 | 000,000 | 00,000 | 00,000 | 00,000 | 0,000 | 0,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is First Pacific's Industry?
How Carbon Intensive is First Pacific's Location?
First Pacific's Scope 3 Categories Breakdown
First Pacific's Scope 3 emissions, which increased by 6% last year and increased by approximately 6% since 2023, 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 "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
First Pacific'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.
First Pacific 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.
