San Miguel Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, San Miguel Corporation disclosed greenhouse gas emissions of 22.4M MT CO2e (Scope 1 & 2). By scope: Scope 1: 21.3M MT CO2e; Scope 2: 1.1M MT CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
22.4M MT CO2e (Scope 1 & 2)
2023
⚡
Renewable Energy
22.10% of total materials used
of total energy
💧
Water Usage
17.5K ML
2023
♻️
Waste
323.1K thousand MT (solid waste excluding coal ash)
2023
⚙️
Energy Use
171.4M million GJ
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).21.3M MT CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.1M MT CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202322.4M MT CO2e (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce water consumption by 50% by 2025
  • Reduce GHG emission intensity by 25% by 2025 (Petron)
  • Establish a circular economy approach by 2040
  • Achieve Net Zero emissions by 2050
  • Uplift at least 15 million people by 2030

📅 Medium-term

  • Significant expansion of renewable energy capacities
  • Expand river clean-up efforts to identified rivers in Central and Southern Luzon

🔭 Long-term

  • Net Zero emissions by 2050

🌱 ESG Focus Areas

Climate Change ActionResource ManagementSustainable Supply ChainCustomer Welfare & ResponsibilityEmployee Engagement, Training & DevelopmentCircular EconomyCommunity EngagementBusiness Ethics & Compliance

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events
  • Climate change impacts on food security, human health, and social equity
  • Water scarcity
  • Changing weather patterns
  • Aging power plants prone to unscheduled shutdowns
  • Large base of seasonal power supply

📋 Report Information

Reporting Period: 2023
Frameworks: Philippine Securities and Exchange Commission Guidelines, Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB) Standards, Greenhouse Gas (GHG) Protocol, Task Force for Climate-related Financial Disclosures (TCFD) Framework