Metrobank, officially known as Metropolitan Bank & Trust Company, is a leading financial institution headquartered in the Philippines. Established in 1962, it has grown to become one of the largest banks in the country, with a strong presence in key regions across Southeast Asia. Operating primarily in the banking and financial services industry, Metrobank offers a comprehensive range of products, including retail banking, corporate banking, investment services, and wealth management. Its commitment to innovation and customer service sets it apart in a competitive market. With a robust network of branches and ATMs, Metrobank has consistently achieved notable milestones, including recognition for its financial stability and customer satisfaction. As a trusted partner for individuals and businesses alike, Metrobank continues to play a pivotal role in the Philippine economy.
How does Metrobank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Metrobank's score of 25 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Metrobank's total carbon emissions are approximately 40,290,000 kg CO2e. The emissions data for the previous years indicates a trend of increasing emissions, with 2022 reporting about 40,087,000 kg CO2e, 2021 at approximately 33,546,000 kg CO2e, and 2020 at about 27,921,000 kg CO2e. The emissions are primarily from Scope 2, which accounted for the majority of their carbon footprint, with 39,940,000 kg CO2e in 2022 and 33,397,000 kg CO2e in 2021. Despite the rising emissions, there are currently no publicly disclosed reduction targets or climate pledges from Metrobank. The absence of specific initiatives or commitments suggests that the bank may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 175,500 | 000,000 | 000,000 | 000,000 |
Scope 2 | 30,970,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Metrobank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.