Manila Electric Co.
Industry Group: Utilities
Country/Region: Philippines
Identifier: PHS:MER
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 345 out of 648
Universe
Global Universe 10999 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Redeia Corporacion SA |
8.2
Negligible
|
4 out of 648 |
| OGE Energy Corp. |
22.2
Medium
|
140 out of 648 |
| The AES Corp. |
25
Medium
|
205 out of 648 |
| Manila Electric Co. |
31
High
|
345 out of 648 |
| BKW AG |
40.1
Severe
|
498 out of 648 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Manila Electric Co.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Manila Electric Co.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
