Manila Electric Co

Common Name
Manila Electric
Country
Philippines
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
MER
Exchange
PHILIPPINE STOCK EXCHANGE, INC.

Manila Electric's GHG Emissions Data Preview

In 2023, Manila Electric 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).

Manila Electric has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Insights into Manila Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Manila Electric amounted to 8,717,168 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 2022, the total operational greenhouse gas (GHG) emissions of Manila Electric increased by 3.67%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Manila Electric's Scope 1 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e-4%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Manila Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Manila Electric were 6,443,711 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Manila Electric reduced its Scope 1 emissions over time?

Since 2021, Manila Electric's Scope 1 emissions have decreased by 1.54%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Manila Electric's Scope 1 emissions increased by 2.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Manila Electric's Scope 2 emissions?

In 2023, Manila Electric reported Scope 2 greenhouse gas (GHG) emissions of 2,273,457 tCOâ‚‚e without specifying the calculation method. a

Has Manila Electric reduced its Scope 2 emissions over time?

Since 2021, Manila Electric's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 10.77%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Manila Electric's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Manila Electric 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Manila Electric use for Scope 2 reporting?

In 2023, Manila Electric reported its Scope 2 emissions using an unspecified methodology. a

Manila Electric's Scope 2 Emissions Over Time

2021202220230600 k1.2 M1.8 M2.4 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Manila Electric's Value Chain Emissions

In 2023, Manila Electric reported 36,352,508 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 2023 disclosure of Manila Electric includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Manila Electric's Scope 3 Emissions Over Time

20212022202309.5 M19 M28.5 M38 MtCO2e+8%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Manila Electric's Scope 3 emissions?

In 2023, Manila Electric reported total Scope 3 emissions of 36,352,508 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

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

Has Manila Electric reduced its Scope 3 emissions over time?

Since 2021, Manila Electric's Scope 3 emissions have increased by 17.07%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Manila Electric's Scope 3 emissions remained relatively stable, indicating that Manila Electric 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Manila Electric disclose?

In 2023, Manila Electric reported emissions for 1 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 Manila Electric's Scope 3 emissions?

In 2023, the largest contributors to Manila Electric's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 36,352,508 tCOâ‚‚e (100%)

Manila Electric's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(100.0%)

Insights into Manila Electric's Total Carbon Footprint

In 2023, Manila Electric reported a total carbon footprint of 45,069,676 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.69% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Manila Electric's total carbon footprint was Scope 3 emissions, accounting for 80.66% of the company's total carbon footprint, followed by Scope 1 emissions at 14.3%. a

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