JG Summit Holdings, Inc., a prominent player in the Philippines, is headquartered in Makati City. Founded in 1987, the company has established itself as a diversified conglomerate with significant operations across various sectors, including food and beverage, packaging, real estate, and telecommunications. With a commitment to innovation, JG Summit offers a range of core products and services, such as consumer goods through Universal Robina Corporation and telecommunications via its subsidiary, Globe Telecom. The company is recognised for its strong market position, consistently ranking among the top conglomerates in the Philippines. Notable achievements include its expansion into international markets and a focus on sustainable practices, setting it apart in a competitive landscape.
How does Jg Summit Holdings'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 Business 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.
Jg Summit Holdings's score of 31 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JG Summit Holdings reported total carbon emissions of approximately 2,585,360,000 kg CO2e. This figure includes Scope 1 emissions of about 2,171,880,000 kg CO2e, Scope 2 emissions of around 302,488,000 kg CO2e, and Scope 3 emissions totalling approximately 110,991,000 kg CO2e. Comparatively, in 2022, the company’s total emissions were about 2,615,183,000 kg CO2e, with Scope 1 at approximately 2,114,530,000 kg CO2e, Scope 2 at around 391,600,000 kg CO2e, and Scope 3 at about 109,053,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, JG Summit Holdings has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is tracking its emissions, it may not yet have formalised a comprehensive strategy for significant emissions reductions. Overall, JG Summit Holdings is actively monitoring its carbon footprint across all scopes, but further commitments and initiatives may be necessary to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,502,864,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 476,736,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
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.
Jg Summit Holdings 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.