Ayala Corporation, a prominent Philippine conglomerate, is headquartered in Makati City, Philippines. Founded in 1834, Ayala has evolved into a diversified enterprise with significant operations across various sectors, including real estate, telecommunications, banking, and water infrastructure. The company is renowned for its flagship businesses, such as Ayala Land, Globe Telecom, and Bank of the Philippine Islands, each distinguished by their commitment to innovation and sustainability. Ayala's strategic investments and partnerships have positioned it as a leader in the Southeast Asian market, consistently achieving notable milestones in corporate social responsibility and environmental stewardship. With a rich history and a forward-thinking approach, Ayala Corporation continues to shape the landscape of the Philippine economy while contributing to the region's growth and development.
How does Ayala's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ayala's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Ayala Corporation reported total carbon emissions of approximately 4,220,000,000 kg CO2e. This figure includes Scope 1 emissions of about 3,830,000,000 kg CO2e, Scope 2 emissions of around 330,000,000 kg CO2e, and Scope 3 emissions totalling approximately 103,873,120 kg CO2e. The company has set a significant reduction target to decrease its Scope 1 emissions from its own electricity generation by 73.6% per megawatt-hour (MWh) by 2030, starting from 2021. This commitment reflects Ayala's proactive approach to mitigating its carbon footprint and aligns with industry standards for climate action. In comparison, Ayala's emissions in 2021 were approximately 2,440,000,000 kg CO2e, with Scope 1 emissions at about 2,050,000,000 kg CO2e, Scope 2 at around 350,000,000 kg CO2e, and Scope 3 at approximately 64,055,030 kg CO2e. This indicates a substantial increase in emissions from 2021 to 2022, highlighting the need for effective implementation of their reduction strategies. Overall, Ayala Corporation's climate commitments and reduction initiatives demonstrate a clear focus on sustainability and a commitment to reducing greenhouse gas emissions in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 2,547,032,540 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 392,146,980 | 000,000,000 | 000,000,000 |
Scope 3 | 62,461,160 | 00,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ayala is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.