LT Group Inc 2023 AR2
The report highlights LT Group, Inc.'s performance in 2023, navigating high inflation and interest rates to achieve an attributable net income of Php25.42 billion. Key business segments showed mixed results, with higher earnings from Philippine National Bank offsetting a decline in the tobacco business due to illicit trade. On the sustainability front, the company reduced its total carbon footprint to 202,527 tCO2e and overall energy consumption to 1.60 million GJ. Additionally, the group continued its social commitment by investing Php49.96 million in communities and planting over 403,000 trees and seedlings.
Company: LT Group Inc
Sector: Industrials
Country: Philippines
Year: 2023
Type: AR2
Pages: 140
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LT Group Inc
Annual Report
The report highlights LT Group, Inc.'s performance in 2023, navigating high inflation and interest rates to achieve an attributable net income of Php25.42 billion. Key business segments showed mixed results, with higher earnings from Philippine National Bank offsetting a decline in the tobacco business due to illicit trade. On the sustainability front, the company reduced its total carbon footprint to 202,527 tCO2e and overall energy consumption to 1.60 million GJ. Additionally, the group continued its social commitment by investing Php49.96 million in communities and planting over 403,000 trees and seedlings.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Employees