- Lingering inflation pressures affecting consumer spending
- High base in 2022 sales
- Significant increases in rent and personnel costs
- Increased competition from other retail companies in the Philippines
- Difficulty in obtaining regulatory or local government approvals for new stores
- Increased demands on managerial, operational, financial and administrative resources
- Inventory risks
- Potential litigation from outsourced employees
- Potential conflicts of interest with related parties
- Dependence on key executives
Metro Retail Stores Group, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Metro Retail Stores Group, Inc. disclosed greenhouse gas emissions of 42.9K Tonnes CO2e. By scope: Scope 1: 407.90 Tonnes CO2e; Scope 2: 42.9K Tonnes 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
42.9K Tonnes CO2e
2023
Water Usage
671.7K m3
2023
Waste
4.4M kg
2023
Energy Use
102.9M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 407.90 Tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 42.9K Tonnes 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 42.9K Tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 100% completion of solar power projects in different stores
- 100% Operational of all solar power systems in different stores with installed solar power system
- Increase of KWH from solar power source to reduce carbon footprint
- Reduced energy consumption (gasoline) by 1.27 GJ
- Reduced energy consumption (LPG) by 25.26 GJ
- Reduced energy consumption (electricity) by 13,037,409.34 kWh
- Water withdrawal 224,979 m3
- Water consumption 671,675 m3
- Water recycled and reused 1,094 m3
- Total solid waste generated 4,379.944.02 kg
🌱 ESG Focus Areas
Economic PerformanceClimate ChangeProcurement PracticesAnti-corruptionResource ManagementEcosystems and biodiversityEnvironmental impact managementEmployee ManagementEmployee Training and DevelopmentDiversity and Equal OpportunityOccupational Health and SafetyLabor Laws and Human RightsSupply Chain ManagementRelationship with CommunityCustomer ManagementUN Sustainable Development Goals