- Climate change impacts (extreme weather, heat waves, typhoons)
- Supply chain disruptions
- Depletion of Malampaya natural gas reserves
- Competition for skilled talent
- Increasing interest rates
- Inflation
- Cybersecurity risks
- Regulatory landscape challenges
First Philippine Holdings Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, First Philippine Holdings Corporation disclosed greenhouse gas emissions of 12.4 million tCO2e. 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
12.4 million tCO2e
2023
Waste
14.3K tons
2023
✅ Reported Environmental Achievements
- Maintained 127,608.0 hectares of natural forests protected
- 1.7 million tCO2 sequestered by watersheds protected and restored
- 10.7 million tCO2e emissions avoided by using natural gas and RE in power generation
- 22.7 thousand tCO2e emissions avoided by using electricity from RE sources
- Reduced waste disposed by 14.3 thousand tonnes
🎯 Climate & Sustainability Targets
🔜 Short-term
- Grow low carbon energy portfolio to 13,000 MW by 2030 (9,000 MW from renewable energy)
📅 Medium-term
- Achieve 13 GW of renewable energy capacity by 2030
- Complete Aya Pumped-Storage Hydro Power Project by 2027
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate changeDecarbonizationRegenerationDiversity, Equity, and Inclusion (DEI)Human RightsCommunity DevelopmentGovernance