Our ESG Approach

Sustainability Reporting Framework

The company’s sustainability practices and performance are measured and reported in accordance with global goals, frameworks and standards on sustainability disclosures. ESG assessments are fulfilled and monitored by Ayala Land to benchmark itself against industry best practices and identify and manage emerging environmental, social and governance concerns.

Global Reporting Framework

ESG Assessments and Ratings

 

 

 

As of 2024, Ayala Land Inc. received an MSCI ESG Rating BB.

MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. Learn more about MSCI ESG Ratings here.

 

 

In 2024, Ayala Land Inc. received the B – Leadership Rating on Climate Change and B – Management Rating on Water Security from the Carbon Disclosure Project (CDP).

Learn more about CDP here.

 

 

 

 

FTSE4Good Index: Member since 2019

FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Ayala Land Inc. has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products

 

 

 

 

In 2024, Ayala Land Inc. received an ESG Risk Rating of 20.5 and was assessed by Morningstar Sustainalytics to be at Medium risk of experiencing material financial impacts from ESG factors. The information contained or reflected herein is not directed to or intended for use or distribution to India-based clients or users and its distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
 

Ayala Land Inc. received an ESG score of 52 on a scale of 0-100 in the S&P Global Corporate Sustainability Assessment (CSA) as of 2024.

 

 

 

 

 


Our Sustainability Targets

2024 Progress2025 Targets2030 Targets
Net Zero EmissionsMore than 20% emissions reduction vs. 2024 Business as usual5% emissions reduction​ vs. a 2021 base year42% emissions reduction vs. a 2021 base year
Circular Economy32% of total waste from construction and operations diverted from landfill35% of total waste diverted from landfillZero waste sent to landfill
Green Certification29 ALI properties​ certified24 additional ALI properties​ certified100% of properties launched are green-certified

Aligned with Ayala Land’s commitment to Net Zero by 2050, the company also pledged to support the Business Ambition for 1.5°C to set science-based targets for reducing greenhouse gas (GHG) emissions. This initiative was led by the Science Based Targets Initiative (SBTi)in partnership with the United Nations Global Compact and the We Mean Business Coalition. In September 2024, the SBTi has verified Ayala Land Inc’s science-based net-zero emissions reduction targets for the near and long term.

Near-Term Targets

Long-Term Targets

Reduce absolute scope 1 and 2
GHG emissions by 42%
by 2030 from a 2021 base year*.
Reduce absolute scope 3
GHG emissions by 29.4%
by 2030 from a 2021 base year*.
Reduce absolute scope 1 and 2
GHG emissions by 90%
by 2050 from a 2021 base year*.
Reduce absolute scope 3
GHG emissions by 90%
by 2050 from a 2021 base year*.

Net-zero GHG emissions across the value chain by 2050

*The target boundary includes land-related emissions and removals from bioenergy feedstocks. 

Aside from Net Zero and Circular Economy targets, we have also set 2030 targets for the following: 

  • All new developments shall be connected to renewable energy sources
  • 10% reduction of water withdrawal thru recycled water
  • 20% increase utilization of low-carbon materials for construction
  • All suppliers and service providers to undergo ESG screening