LBC Express Holdings Inc 2024 AR2
The report details the financial and sustainability performance of LBC Express Holdings, Inc. for the fiscal year ended December 31, 2024. The company generated a direct economic value of PHP 14.30 billion and distributed PHP 13.81 billion, with a strong focus on local procurement, sourcing 99.20% of materials from local suppliers. In terms of environmental initiatives, the company successfully converted 74% of its packaging from white boxes to recyclable brown boxes and utilized solar energy at its Davao warehouse to supply 59% of its energy needs. On the social front, the company supported its workforce of 8,303 employees through comprehensive health and wellness programs, while also sponsoring logistics for various non-profit organizations.
Company: LBC Express Holdings Inc
Sector: Transport & logistics
Country: Philippines
Year: 2024
Type: AR2
Pages: 287
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LBC Express Holdings Inc
Annual Report
The report details the financial and sustainability performance of LBC Express Holdings, Inc. for the fiscal year ended December 31, 2024. The company generated a direct economic value of PHP 14.30 billion and distributed PHP 13.81 billion, with a strong focus on local procurement, sourcing 99.20% of materials from local suppliers. In terms of environmental initiatives, the company successfully converted 74% of its packaging from white boxes to recyclable brown boxes and utilized solar energy at its Davao warehouse to supply 59% of its energy needs. On the social front, the company supported its workforce of 8,303 employees through comprehensive health and wellness programs, while also sponsoring logistics for various non-profit organizations.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Employees