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Metro Rail Transit Corporation (MRTC), established in 1995 and headquartered in Pasig City, Philippines, is a private consortium comprising seven Filipino-owned companies. MRTC owns and operates the Manila Metro Rail Transit System Line 3. MRTC serves approximately 129 million passengers annually over 98 million journeys. Contracted as the original builder, MRTC operates MRT-3 under a 25-year build-lease-transfer (BLT) agreement with the Philippines Department of Transportation (DOTr), set to conclude in 2025.
Summary
MRTC has scored zero in all five measurement areas and therefore ranks at the bottom of the benchmark, together with other zero-scoring companies. Given its significant scale and influence, MRTC has the potential to contribute significantly to shaping sustainable urban environments. However, its lack of disclosure on key sustainability topics makes it difficult to understand and evaluate its impact on people and the planet. This lack of transparency makes the company vulnerable to environmental and social risks, diminished investor and stakeholder trust and misalignment with regulatory requirements. Moreover, it places the company at a disadvantage compared to its peers, affecting its overall competitiveness.
To foster transparency and positive change, MRTC should identify its most significant sustainability risks and opportunities in a materiality assessment and publish a sustainability strategy that integrates these priorities into its overall business strategy. It should also assign clear responsibility for strategy oversight to the highest governing body, such as the board of directors. The company should also develop public policy commitments to respect fundamental human and labour rights. Furthermore, MRTC should establish measurable, time-bound and, where possible, science-based targets to reduce negative impacts, while regularly reporting progress against its sustainability goals.
Ranking position
#238
/300
Total score
0.0
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
0.0
/100
Rank (0-300)
#181
Measurement area
Inclusive Cities
Score
# 1
0.0
/100
Rank (0-300)
#225
Measurement area
Healthy Cities
Score
# 1
0.0
/100
Rank (0-300)
#174
Measurement area
Climate Proof & Resilient Cities
Score
# 1
0.0
/100
Rank (0-300)
#170
Measurement area
Core Social Indicators
Score
# 1
0.0
/100
Rank (0-300)
#195
Industries
Industries
Transport
#35
More about the company
Headquarters
Philippines
Ownership structure
Private
Revenue
-
Number of employees
-
Website
https://www.mrt3.com/
63716
