ABS-CBN Corporation, a leading media and entertainment conglomerate based in the Philippines, has been a cornerstone of the industry since its founding in 1953. Headquartered in Quezon City, ABS-CBN operates extensively across the Philippines and has a significant presence in international markets, catering to the Filipino diaspora. The company is renowned for its diverse portfolio, which includes television, radio, film production, and digital content. ABS-CBN's flagship television network, known for its innovative programming and high-quality productions, has garnered numerous awards and a loyal audience. With a commitment to delivering compelling stories and entertainment, ABS-CBN has solidified its position as a market leader, continually adapting to the evolving media landscape. Its unique blend of local and international content sets it apart, making it a trusted source of information and entertainment for millions.
How does ABS-CBN 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.
Mean score of companies in the Media Production 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.
ABS-CBN Corporation's score of 21 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, ABS-CBN Corporation reported zero carbon emissions across both Scope 1 and Scope 2 categories, indicating a commitment to minimising its direct and indirect emissions. The company has not disclosed any emissions data for Scope 3, which typically includes upstream and downstream activities. Despite the absence of specific reduction targets or initiatives, ABS-CBN's sustainability efforts reflect a broader industry trend towards climate responsibility. The corporation's headquarters in the Philippines aligns with global movements to address climate change, although no specific climate pledges or science-based targets have been established. Overall, while ABS-CBN's emissions data shows a commendable lack of reported emissions, further transparency regarding Scope 3 emissions and future climate commitments would enhance its sustainability profile.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
ABS-CBN Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.