- Increased electricity consumption due to improved data collection.
- Data limitations and exclusions in reporting.
- Need to consolidate information from subsidiaries for complete reporting.
Alliance Global Group, Inc. (AGI)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Alliance Global Group, Inc. (AGI) disclosed greenhouse gas emissions of 209.6K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 209.6K tCO2e/year; Scope 2: 374.4K tCO2e/year; Scope 3: 318.2K 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
209.6K tCO2e/year (Scope 1 & 2)
2023
Water Usage
6.1K ML/year
2023
Waste
1.1M MT/year
2023
Energy Use
4.9M GJ/year
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). | 209.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 374.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 318.2K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 209.6K tCO2e/year (Scope 1 & 2) |
| 2022 | 868.1K tCO2e (Scope 1) + 517001 tCO2e (Scope 2) (2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Megaworld achieved carbon neutrality for its Scopes 1 and 2 emissions for company-owned malls and offices for 2023.
- Emperador reduced coal consumption by approximately 313,000 GJ and fuel oil by 76,000 GJ.
- Whyte and Mackay’s Jura Distillery is constructing a biomass boiler fueled by wood pellets.
- Megaworld transitioned 62 accounts/properties to a fully renewable energy source with a total consolidated capacity of 98.35 MW.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Megaworld aims to achieve carbon neutrality for its subsidiaries MREIT, GERI, and Megaworld Hotels and Resorts in 2035.
📅 Medium-term
- AGI aims to achieve carbon neutrality for Scopes 1 and 2 by 2035.
- Megaworld targets a combined gross leasable space of 3 million square meters across its office and mall developments by 2030.
- Megaworld plans to transition all its contestable assets to 100% renewable energy by 2027.
🔭 Long-term
- AGI commits to generating at least five million direct and indirect jobs by 2035.
🌱 ESG Focus Areas
Employee Experience, Diversity, and Inclusion (People)Waste and Resource Efficiency (Efficiency)Sustainable Business and Innovation (Sustainability)Economic Growth (Growth)Business Ethics, Values, and Corporate Governance (Governance)Community and Consumers