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First Pacific Co Ltd

Common Name
First Pacific
Country
Hong Kong
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
107,612
Ticker
142
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia,...

First Pacific's GHG Emissions Data Preview

In 2024, First Pacific 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).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
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a
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0000000
Unspecified Calculation Method
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind First Pacific’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 First Pacific’s data sources below and access millions more through our Disclosure Search.

a. First Pacific's ESG Report 2024
a. First Pacific's ESG Report 2024
b. First Pacific's ESG Report 2023
b. First Pacific's ESG Report 2023

Insights into First Pacific's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofFirst Pacific amounted to4,287,931metric 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 First Pacificincreased by 11.89%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

First Pacific's Scope 1 Emissions Over Time

20222023202403 M6 M9 M12 MtCO2e-71%+7%
  • Total Scope 1
  • Year-over-Year Change

What are First Pacific's Scope 1 emissions?

In 2024, the total Scope 1 emissions of First Pacific were 3,599,247 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has First Pacific reduced its Scope 1 emissions over time?

Since 2022, First Pacific's Scope 1 emissions have decreased by 68.96%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), First Pacific's Scope 1 emissions increased by 7.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are First Pacific's Scope 2 emissions?

In 2024, First Pacific reported Scope 2 greenhouse gas (GHG) emissions of 682,623 tCOâ‚‚e using the market-based method and 688,684 tCOâ‚‚e using the location-based method.a

Has First Pacific reduced its Scope 2 emissions over time?

Compared to the previous year(2023), First Pacific's Scope 2 emissions(Location-Based) rose by 44.76% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does First Pacific use for Scope 2 reporting?

In 2024, First Pacific reported its Scope 2 emissions using the market-based method and using the location-based method.a

First Pacific's Scope 2 Emissions Over Time

2022202320240900 k1.8 M2.7 M3.6 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into First Pacific's Value Chain Emissions

In 2024, First Pacific reported 6,563,218.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of First Pacific includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

First Pacific's Scope 3 Emissions Over Time

20222023202409.5 M19 M28.5 M38 MtCO2e-83%+6%
  • Total Scope 3
  • Year-over-Year Change

What are First Pacific's Scope 3 emissions?

In 2024, First Pacific reported total Scope 3 emissions of 6,563,218.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0%of these emissions originated from upstream activities such as purchased goods and capital goods, while 100%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has First Pacific reduced its Scope 3 emissions over time?

Since 2022, First Pacific's Scope 3 emissionshave decreased by 81.85%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), First Pacific's Scope 3 emissions remained relatively stable, indicating that First Pacific's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does First Pacific disclose?

In 2024, First Pacific reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of First Pacific's Scope 3 emissions?

In 2024, the largest contributors to First Pacific's Scope 3 emissions were:a

  • Investments (Cat. 15): 6,563,116 tCOâ‚‚e(100%)
  • Business Travel (Cat. 6): 93 tCOâ‚‚e(0%)
  • Waste Generated in Operations (Cat. 5): 9.1 tCOâ‚‚e(0%)

First Pacific's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into First Pacific’s GHG Emissions Intensity Compared to Industry Peers

In 2024, First Pacific reported Scope 1 greenhouse gas (GHG) emissions of 3,599,247 tCOâ‚‚e and total revenues of USD 78,452 millions. This translates into an emissions intensity of 45.88 tCOâ‚‚e per millions USD.a

First Pacific's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)2002,00010,000100,000500,000Revenues (Millions of USD)SHItoham Yonekyu HoldingsYear: 2024Scope 1: 285,000 tCO2eRevenue: $M 6,310Scope 1 Intensity: 45.17 tCO2e/$MSavola GroupYear: 2024Scope 1: 56,788 tCO2eRevenue: $M 6,386Scope 1 Intensity: 8.89 tCO2e/$MH&H GroupYear: 2024Scope 1: 2,543 tCO2eRevenue: $M 1,953Scope 1 Intensity: 1.30 tCO2e/$MBell Food GroupYear: 2022Scope 1: 40,138 tCO2eRevenue: $M 4,668Scope 1 Intensity: 8.60 tCO2e/$MNichireiYear: 2025Scope 1: 86,000 tCO2eRevenue: $M 4,682Scope 1 Intensity: 18.37 tCO2e/$MAlmaraiYear: 2024Scope 1: 909,357 tCO2eRevenue: $M 5,586Scope 1 Intensity: 162.80 tCO2e/$MThai Union GroupYear: 2024Scope 1: 227,901 tCO2eRevenue: $M 4,032Scope 1 Intensity: 56.53 tCO2e/$MSSSD GuthrieYear: 2024Scope 1: 9,398,397 tCO2eRevenue: $M 4,435Scope 1 Intensity: 2,119.15 tCO2e/$MNisshin Seifun GroupYear: 2025Scope 1: 149,000 tCO2eRevenue: $M 5,678Scope 1 Intensity: 26.24 tCO2e/$MFuji OilYear: 2024Scope 1: 180,326 tCO2eRevenue: $M 3,725Scope 1 Intensity: 48.41 tCO2e/$MFlowers FoodsYear: 2024Scope 1: 145,697 tCO2eRevenue: $M 5,103Scope 1 Intensity: 28.55 tCO2e/$MHHHaitianYear: 2024Scope 1: 248,248 tCO2eRevenue: $M 3,686Scope 1 Intensity: 67.35 tCO2e/$MUni-President EnterprisesYear: 2024Scope 1: 62,459 tCO2eRevenue: $M 20,074Scope 1 Intensity: 3.11 tCO2e/$MCJ CheilJedangYear: 2024Scope 1: 1,492,000 tCO2eRevenue: $M 20,008Scope 1 Intensity: 74.57 tCO2e/$MVitasoy International HoldingsYear: 2024Scope 1: 51,961 tCO2eRevenue: $M 794Scope 1 Intensity: 65.40 tCO2e/$MFonterra Co-Operative GroupYear: 2025Scope 1: 1,225,000 tCO2eRevenue: $M 14,203Scope 1 Intensity: 86.25 tCO2e/$MNomad FoodsYear: 2024Scope 1: 101,212 tCO2eRevenue: $M 3,785Scope 1 Intensity: 26.74 tCO2e/$MBright Dairy & FoodYear: 2024Scope 1: 71,341 tCO2eRevenue: $M 3,327Scope 1 Intensity: 21.45 tCO2e/$MMarfrig Global FoodsYear: 2024Scope 1: 300,755 tCO2eRevenue: $M 24,096Scope 1 Intensity: 12.48 tCO2e/$MNissuiYear: 2024Scope 1: 213,648 tCO2eRevenue: $M 5,490Scope 1 Intensity: 38.92 tCO2e/$MIngredionYear: 2024Scope 1: 1,825,070 tCO2eRevenue: $M 7,430Scope 1 Intensity: 245.64 tCO2e/$MHilton Food GroupYear: 2024Scope 1: 13,495 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2.70 tCO2e/$MWH GroupYear: 2024Scope 1: 3,167,092 tCO2eRevenue: $M 202,795Scope 1 Intensity: 15.62 tCO2e/$MChina Mengniu DairyYear: 2024Scope 1: 277,500 tCO2eRevenue: $M 13,227Scope 1 Intensity: 20.98 tCO2e/$MMorinaga Milk IndustryYear: 2024Scope 1: 188,000 tCO2eRevenue: $M 3,612Scope 1 Intensity: 52.04 tCO2e/$MFirst PacificYear: 2024Scope 1: 3,599,247 tCO2eRevenue: $M 78,452Scope 1 Intensity: 45.88 tCO2e/$M

How does First Pacific's GHG emissions intensity compare to its peers?

In 2024, First Pacific reported a Scope 1 emissions intensity of 45.88 tCOâ‚‚e per millions USD. Compared to the peer group median of 28.55, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does First Pacific rank on GHG emissions intensity within its industry?

In 2024, First Pacific ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

First Pacific is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into First Pacific's Total Carbon Footprint

In 2024, First Pacific reported a total carbon footprint of 10,851,149.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.24% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to First Pacific's total carbon footprint was Scope 3 emissions, accounting for 60.48% of the company's total carbon footprint, followed by Scope 1 emissions at 33.17%.a

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