JG Summit Holdings, Inc. (JGSHI)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2020

In its 2023 reporting, JG Summit Holdings, Inc. (JGSHI) disclosed greenhouse gas emissions of 2.6M tCO2e/year. By scope: Scope 1: 2.2M tCO2e/year; Scope 2: 302.5K tCO2e/year; Scope 3: 111.0K tCO2e/year. 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
2.6M tCO2e/year
2023
⚡
Renewable Energy
51.04%
of total energy
💧
Water Usage
26.2M m3/year
2023
♻️
Waste
2.5M tons/year
2023
⚙️
Energy Use
36.9M GJ/year
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).2.2M tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.302.5K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).111.0K tCO2e/year

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
20232.6M tCO2e/year
20201.3M tonnes CO2e (Scope 1) + 308192.1 tonnes CO2e (Scope 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

  • Initiate Scenario Analysis in selected JGSHI hotspots (Metro Manila, Batangas City) by 2023
  • Continue Scenario Analysis in hotspots by 2024/2025
  • Complete remaining hotspots Scenario Analysis by 2030
  • Alignment to Science-Based Targets Initiative (SBTi) by 2023
  • Evaluate carbon reduction initiatives and offset opportunities by 2024

📅 Medium-term

  • Low carbon transition roadmap released by 2025
  • Achieve Net Zero by 2050

🔭 Long-term

  • Plastic neutrality by 2030
  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate ActionResource Efficiency & CircularityEmployee Growth and Well-beingShared SuccessBetter Choices

⚠️ Challenges & Risks +

  • Consolidated energy consumption increased by 24% due to CEB's expanded operations
  • Climate hazards such as typhoons, flooding, and extreme heat pose risks to assets, operations, and workforce
  • Regulatory changes related to climate change may impact operations and finances
  • Talent development and retention remain crucial in a competitive market
  • Potential for labor unrest if employee concerns are not addressed
  • Rising raw material costs and availability
  • Geopolitical tensions affecting raw material sourcing and profits
  • Disruptive technology impacting competitive advantage
  • Misinformation and unfavorable public opinion affecting reputation
  • Poor community engagement

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, IFRS S2
Assurance: No external assurance