In 2023, Megaworld 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).
However, Megaworld has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 33,575.29a | 13,679.13a |
Total Scope 2 | ||
Unspecified Calculation Method | 162,302.63a | 324,687.99a |
Total Scope 3 | 198,734.21a | N/A |
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In 2023, the total operational greenhouse gas (GHG) emissions of Megaworld amounted to 195,877.92 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 Megaworld decreased by 42.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Megaworld were 33,575.29 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Megaworld's Scope 1 emissions increased by 145.45%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2023, Megaworld reported Scope 2 greenhouse gas (GHG) emissions of 162,302.63 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), Megaworld's Scope 2 emissions (Unspecified Calculation Method) fell by 50.01% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, Megaworld reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Megaworld reported 198,734.21 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 2023 disclosure of Megaworld includes a breakdown across 0 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
In 2023, Megaworld reported total Scope 3 emissions of 198,734.21 metric tons of CO₂ equivalent (tCO₂e).a
In 2023, Megaworld reported a total carbon footprint of 394,612.13 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.62% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Megaworld's total carbon footprint was Scope 3 emissions, accounting for 50.36% of the company's total carbon footprint, followed by Scope 2 emissions at 41.13%.a