Manila Electric CoManila Electric Co - ESG Rating & Company Profile powered by AI

Industry Group:Electric Utilities

Detailed Sustainability assessment of Manila Electric Co are reached by logging in. Other companies in the rating peer group for Manila Electric Co are displayed. This Disclosure score includes seventeen United Nations SDGs including: 'Zero Hunger', 'Climate Action' and 'Life below Water'.

Manila Electric Co in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 7.6; made up of an environmental score of 8.0, social score of 8.0 and governance score of 6.9.

SDG Transparency Score for Manila Electric Co 
Low
0 - 3
Medium
4 - 6

7.6

High Impact
7 - 10
Last Score Update: 2024-05-01
What drives the score for Manila Electric Co 
8.0

Environmental

8.0

Social

6.9

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Banpu Power PCL
8.0
High
1Baltimore Gas and Electric Co
8.0
High
92SSE PLC
7.7
High
92Tilt Renewables Ltd
7.7
High
102Manila Electric Co
7.6
High
102CLP Holdings Ltd
7.6
High
102CPFL Jaguariuna Participacoes Ltda
7.6
High
.........
582Zhejiang Zheneng Electric Power Co Ltd
0.0
Low
582Zhytomyroblenerho AT
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Manila Electric Co have an accelerator or VC vehicle to help deliver innovation?

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Does Manila Electric Co disclose current and historical energy intensity?

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Does Manila Electric Co report the average age of the workforce?

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Does Manila Electric Co reference operational or capital allocation in relation to climate change?

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Does Manila Electric Co disclose its ethnicity pay gap?

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Does Manila Electric Co disclose cybersecurity risks?

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Does Manila Electric Co offer flexible work?

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Does Manila Electric Co have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Manila Electric Co disclose the number of employees in R&D functions?

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Does Manila Electric Co conduct supply chain audits?

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Does Manila Electric Co disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Manila Electric Co conduct 360 degree staff reviews?

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Does Manila Electric Co disclose the individual responsible for D&I?

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Does Manila Electric Co disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Manila Electric Co disclose current and / or historical scope 2 emissions?

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Does Manila Electric Co disclose water use targets?

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Does Manila Electric Co have careers partnerships with academic institutions?

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Did Manila Electric Co have a product recall in the last two years?

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Does Manila Electric Co disclose incidents of discrimination?

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Does Manila Electric Co allow for Work Councils/Collective Agreements to be formed?

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Has Manila Electric Co issued a profit warning in the past 24 months?

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Does Manila Electric Co disclose parental leave metrics?

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Does Manila Electric Co disclose climate scenario or pathway analysis?

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Does Manila Electric Co disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Manila Electric Co disclose the pay ratio of women to men?

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Does Manila Electric Co support suppliers with sustainability related research and development?

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Does Manila Electric Co disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Manila Electric Co reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Manila Electric Co involved in embryonic stem cell research?

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Does Manila Electric Co disclose GHG and Air Emissions intensity?

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Does Manila Electric Co disclose its waste policy?

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Does Manila Electric Co report according to TCFD requirements?

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Does Manila Electric Co disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Manila Electric Co disclose energy use targets?

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Does Manila Electric Co disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Manila Electric Co have a policy relating to cyber security?

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Potential Risks for Manila Electric Co
These potential risks are based on the size, segment and geographies of the company.

Manila Electric Company, together with its subsidiaries, holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. The company operates in two segments, Power and Other Services. It offers power to approximately 7.1 million industrial, commercial, and residential customers in 36 cities and 75 municipalities, including Metro Manila; the provinces of Rizal, Cavite, and Bulacan; and parts of the provinces of Pampanga, Batangas, Laguna, and Quezon; distributes power to 2,613 customers in Clark Special Economic Zone; and develops, finances, constructs, and operates solar-powered generation facilities, as well as owns coal and diesel-fired and liquefied natural gas power plants. The company also provides electromechanical engineering, construction, consulting, and related manpower services; rail-related operations and maintenance services; insurance and re-insurance services; e-business development; power distribution management; and electric vehicle and charging infrastructure solutions, as well as consultancy, engineering, and integration services to telecommunication service providers. In addition, it offers engineering, procurement, and construction services; testing and commissioning services; building and facilities management and renovation services; vehicle leasing and fleet management services; and undertakes electrical, foundation, waterproofing, and general engineering and building works. Further, the company provides e-transaction, outsourced payment collection, outsourced tellering, and other administrative services; energy efficiency and urban services, such as energy management system, smart street lighting, sewage treatment plant, and HVAC and lighting solutions; and data connectivity solutions, as well as engages in the energy sourcing and trading, and wholesale contracting and aggregating of electricity. Manila Electric Company was founded in 1903 and is based in Pasig, the Philippines.

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