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Converge Information and Communications Technology Solutions Inc

Common Name
Converge ICT
Country
Philippines
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
CNVRG
Exchange
PHILIPPINE STOCK EXCHANGE, INC.

Converge ICT's GHG Emissions Data Preview

In 2024, Converge ICT completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Converge ICT has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Converge ICT’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Converge ICT’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Converge ICT’s data sources below and access millions more through our Disclosure Search.

a. Converge ICT's Sustainability Report 2024
b. Converge ICT's ESG Data Spreadsheet 2023

Insights into Converge ICT's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Converge ICT amounted to 25,708 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Converge ICT decreased by 21.84%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Converge ICT's Scope 1 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e+60%-6%-28%
  • Total Scope 1
  • Year-over-Year Change

What are Converge ICT's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Converge ICT were 5,278 metric tons of CO₂ equivalent (tCO₂e).a

Has Converge ICT reduced its Scope 1 emissions over time?

Since 2021, Converge ICT's Scope 1 emissions have increased by 8.28%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Converge ICT's Scope 1 emissions decreased by 27.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are Converge ICT's Scope 2 emissions?

In 2024, Converge ICT reported Scope 2 greenhouse gas (GHG) emissions of 20,430 tCO₂e without specifying the calculation method.a

Has Converge ICT reduced its Scope 2 emissions over time?

Since 2021, Converge ICT's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 185.71%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Converge ICT's Scope 2 emissions (Unspecified Calculation Method) fell by 20.14% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Converge ICT use for Scope 2 reporting?

In 2024, Converge ICT reported its Scope 2 emissions using an unspecified methodology.a

Converge ICT's Scope 2 Emissions Over Time

202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Converge ICT's Value Chain Emissions

In 2024, Converge ICT reported 92,292.8 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Converge ICT includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Converge ICT's Scope 3 Emissions Over Time

2024025 k50 k75 k100 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Converge ICT's Scope 3 emissions?

In 2024, Converge ICT reported total Scope 3 emissions of 92,292.8 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 99.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.02% came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does Converge ICT disclose?

In 2024, Converge ICT reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Converge ICT's Scope 3 emissions?

In 2024, the largest contributors to Converge ICT's Scope 3 emissions were:a

  • Waste Generated in Operations (Cat. 5): 72,572.4 tCO₂e (78.63%)
  • Capital Goods (Cat. 2): 11,618 tCO₂e (12.59%)
  • Purchased Goods and Services (Cat. 1): 7,647 tCO₂e (8.29%)

Converge ICT's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(12.6%)Purchased Goods andServices (Cat. 1)(8.3%)Waste Generated inOperations (Cat. 5)(78.6%)

Insights into Converge ICT’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Converge ICT reported Scope 1 greenhouse gas (GHG) emissions of 5,278 tCO₂e and total revenues of USD 700 millions. This translates into an emissions intensity of 7.54 tCO₂e per millions USD.a

Converge ICT's Scope 1 Emissions Intensity Compared to Peers

102005,000100,0002,000,000Scope 1 Emissions (tCO2e)2005002,00010,00020,000Revenues (Millions of USD)RSICTSIYear: 2024Scope 1: 115,778 tCO2eRevenue: $M 2,740Scope 1 Intensity: 42.26 tCO2e/$MPLDTYear: 2024Scope 1: 42,204 tCO2eRevenue: $M 3,737Scope 1 Intensity: 11.29 tCO2e/$MSM InvestmentsYear: 2024Scope 1: 821,867 tCO2eRevenue: $M 11,283Scope 1 Intensity: 72.84 tCO2e/$MPuregold Price ClubYear: 2024Scope 1: 3,165 tCO2eRevenue: $M 3,777Scope 1 Intensity: 0.84 tCO2e/$MRRRobinsons Land CorpYear: 2024Scope 1: 15,861 tCO2eRevenue: $M 739Scope 1 Intensity: 21.46 tCO2e/$MGlobe TelecomYear: 2024Scope 1: 28,309 tCO2eRevenue: $M 3,112Scope 1 Intensity: 9.10 tCO2e/$MAlliance Global GroupYear: 2024Scope 1: 205,173 tCO2eRevenue: $M 3,853Scope 1 Intensity: 53.25 tCO2e/$MSSSecurity BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 946Scope 1 Intensity: 0.01 tCO2e/$MConverge ICTYear: 2024Scope 1: 5,278 tCO2eRevenue: $M 700Scope 1 Intensity: 7.54 tCO2e/$M

How does Converge ICT's GHG emissions intensity compare to its peers?

In 2024, Converge ICT reported a Scope 1 emissions intensity of 7.54 tCO₂e per millions USD. Compared to the peer group median of 16.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Converge ICT rank on GHG emissions intensity within its industry?

In 2024, Converge ICT ranked 3 out of 8 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Converge ICT among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Converge ICT's Total Carbon Footprint

In 2024, Converge ICT reported a total carbon footprint of 118,000.8 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 258.74% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Converge ICT's total carbon footprint was Scope 3 emissions, accounting for 78.21% of the company's total carbon footprint, followed by Scope 2 emissions at 17.31%.a

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