Manila Electric Company (MAEOY)

Overall impact
D (34)

Commentary

Manila Electric Company is a below-average overall performer. With a 'D' rating of 33.7 for overall impact (bottom 25% of all companies), Manila Electric Company ranks 65th out of 95 industry peers, behind Energy Co of Parana, Envela, Meridian Energy and 61 others, and ahead of Public Power Corporation, Edison, Huaneng Lancang River Hydropower and 27 others. On top material causes for Manila Electric Company's industry (Utilities), Manila Electric Company performs poorly in Renewable Energy Growth (0.0 score), Reduced Waste (26.9), Renewable Energy Growth (12.1) and 9 other causes where it received a 'D' or 'F' score. Manila Electric Company did not receive an 'A' rating on any cause.
Impact
Cause MAEOY
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Company
Founded
1903
Employees
5,815
Sector
Utilities
Industry
Electric Utilities
Sub-industry
Electric Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Philippines
Share classes
MAEOY
Description
Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines. The company operates in Power and Other Services segments. It offers power to approximately 7.8 million industrial, commercial, and residential customers in 38 cities and 73 municipalities, including Metro Manila, and the provinces of Rizal, Cavite, and Bulacan, as well as parts of the provinces of Pampanga, Batangas, Laguna, and Quezon; distributes power to customers in Clark Special Economic Zone; and develops, constructs, and operates solar-powered generation facilities; and owns and operates coal and diesel-fired, and liquefied natural gas power plants. The company also provides electromechanical engineering, construction, consulting, and related manpower services; rail-related operations and maintenance services; insurance and re-insurance services; e-business development; renewable harnessing services; energy power distribution and energy systems management; and electric vehicle and charging infrastructure solutions. In addition, it offers engineering, procurement, and construction services; telecommunication services; information technology and multi-media services; construction and leasing of communication towers, and other infrastructure; and operates and maintains transport service networks. Further, the company provides e-transaction and bills collection, outsourced payment collection, and outsourced tellering, as well as engages in real estate, property management and leasing, and coal trading businesses. Manila Electric Company was founded in 1903 and is headquartered in Pasig, the Philippines.
Material causes
Ethos considers the following causes material for Manila Electric Company, based on its industry sub-industry Electric Utilities. Learn more about material causes in our methodology overview.

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