- Worsening climate change leading to extreme weather patterns
- Infrastructure vulnerability due to severe weather
- Inability to source adequate water supply
- Demand for sewerage connectivity exceeding availability
- Climate variability impacting supply forecasting and water production efficiency
- Higher cost for wastewater treatment
- Hazards such as extreme typhoons and heavy rainfall and flooding causing property damage and revenue disruption
- Increased frequency of typhoons affecting Meralco’s electric distribution system
- Increased frequency of droughts disrupting revenue
- Financial resources strained due to need for continuous investment in innovative technologies
Metro Pacific Investments Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Metro Pacific Investments Corporation disclosed greenhouse gas emissions of 22.3K ktCO2e. 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
22.3K ktCO2e
2023
Water Usage
222.1K ML
2023
Waste
369.9K tons
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 22.3K ktCO2e |
| 2020 | 6.4K ktCO2e |
| 2019 | 8.0M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Commenced operations of 75 MW solar PV plant in Rizal and 68 MW solar plant in Ilocos Norte
- Contracted 1,880 MW of renewable energy supply, exceeding 1,500 MW commitment
- Maintained/improved rating for FTSE and MSCI
- Reduced non-revenue water from 59% to 43%
- Planted 210,000 tree saplings and mangrove propagules in 2023
- Installed two-MW solar photovoltaic (PV) solar farms for its facilities in the La Mesa compound in Quezon City, lowering carbon emissions by 21 tonnes per month
- Installed monocrystalline solar panels at 21 NLEX and 15 SCTEX toll plazas, producing approximately 700,464 kWh of electricity annually and reducing carbon emissions by an estimated 568,874.67 kg
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce direct greenhouse gas (GHG) emissions by 30% in 2030
- Increase female representation in Meralco’s workforce by up to 40% by 2030
- Achieve 1,500 MW of attributable RE capacity through 2030
📅 Medium-term
- Accelerate a green energy shift through the adoption of next-generation cleantech by 2040
- Shift 50% of Maynilad’s fleet to EVs by 2037
- Source 35-50% of Maynilad’s total energy requirement from renewable energy by 2037
🔭 Long-term
- Achieve Net Zero emissions by 2050
- Become coal-free by 2050
- Target climate neutrality by 2037 (Maynilad)
🌱 ESG Focus Areas
Resilient Infrastructure and OperationsDecarbonizationEnvironmental and Social StewardshipInnovative and Excellent Customer ServiceWorkforce ExcellenceSustainability Governance