Manila Electric
Manila Electric Company, commonly known as Meralco, is a leading electric distribution utility based in the Philippines. Headquartered in Pasig City, Meralco serves a vast customer base across Metro Manila and surrounding provinces, making it the largest electric power distributor in the country. Founded in 1903, the company has achieved significant milestones, including the expansion of its service areas and the introduction of innovative energy solutions. Meralco's core offerings include electricity distribution, energy management services, and renewable energy initiatives, setting it apart in the competitive energy sector. With a commitment to sustainability and customer service, Meralco has established a strong market position, recognised for its reliability and efficiency. The company continues to play a pivotal role in the Philippines' energy landscape, driving advancements in technology and infrastructure.
DitchCarbon Score
How does Manila Electric'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 Electricity Distribution 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
Manila Electric's score of 9 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Manila Electric's reported carbon emissions
In 2023, Manila Electric Company (Meralco) reported total carbon emissions of approximately 64,437 tonnes CO2e from Scope 1, 22,734 tonnes CO2e from Scope 2, and a significant 36,353,508 tonnes CO2e from Scope 3 emissions. This brings the total emissions from Scope 1 and 2 combined to about 87,172 tonnes CO2e. Comparatively, in 2022, Meralco's emissions were slightly lower, with Scope 1 emissions at approximately 62,572 tonnes CO2e, Scope 2 at about 21,514 tonnes CO2e, and Scope 3 emissions at around 33,441,925 tonnes CO2e. The total for Scope 1 and 2 in 2022 was about 84,086 tonnes CO2e. Meralco has not disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a lack of formalised strategies such as Science-Based Targets Initiative (SBTi) targets or documented reduction initiatives. This absence suggests that while emissions data is available, the company may need to enhance its climate action framework to align with industry standards and expectations for sustainability.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 32,950,000 | 00,000,000 | 0,000,000.00 | 0,000,000.00 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,910,000,000 | 0,000,000,000 | 0,000,000.00 | 0,000,000.00 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 29,990,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000.00 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Manila Electric 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.
