Sustainability Report

Overview

The report presents San Miguel Corporation's transition from foundational ESG work toward measurable Group-wide outcomes. It commits the company to Net Zero emissions by 2050 and reports an initial, partial Scope 3 estimate of 9,012,447.58 MT CO 2 e for Categories 1 and 3. The Group workforce reached 57,428 employees at year-end 2024, alongside expanded training, safety, and inclusion initiatives. The report also highlights biodiversity offset work at New Manila International Airport and broader restoration programs.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Statement included

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