MERALCO MGEN POWER GENERATION

In 2023, MERALCO MGEN Power Generation reported significant carbon emissions, totalling approximately 10,201,842,400 kg CO2e for Scope 1 emissions and about 230,180,110 kg CO2e for Scope 2 emissions. The Scope 1 emissions primarily stem from gasoline consumption and coal combustion, with specific figures of 69,240 tonnes CO2e and 8,000 tonnes CO2e, respectively. For Scope 2, the emissions from purchased electricity were recorded at 230,180,110 kg CO2e. In 2022, the company reported Scope 2 emissions of approximately 255,473,170 kg CO2e, while Scope 1 emissions data was not disclosed for that year. The trend indicates a focus on monitoring and reporting emissions, although specific reduction targets or initiatives have not been outlined in their current commitments. MERALCO MGEN Power Generation has not established any formal reduction targets or climate pledges, which may reflect a broader industry context where many companies are still developing comprehensive strategies to address climate change. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. Overall, while MERALCO MGEN Power Generation has made strides in emissions reporting, the lack of defined reduction targets highlights an opportunity for enhanced climate commitments moving forward.