Land Bank
Land Bank of the Philippines, commonly referred to as Land Bank, is a leading financial institution headquartered in Manila, Philippines. Established in 1963, it has played a pivotal role in supporting the agricultural sector and rural development across the nation. With a strong presence in various regions, Land Bank focuses on providing innovative banking solutions tailored to the needs of farmers, fisherfolk, and small to medium enterprises. The bank offers a diverse range of products and services, including loans, deposit accounts, and investment options, all designed to foster economic growth and financial inclusion. Notably, Land Bank has achieved significant milestones, such as being the largest government-owned bank in the Philippines, which underscores its commitment to serving the underserved sectors of the economy. Its unique approach to community banking and development finance positions Land Bank as a cornerstone of the Philippine banking industry.
DitchCarbon Score
How does Land Bank'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.
Industry Average
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.
Industry Benchmark
Land Bank's score of 17 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Land Bank's reported carbon emissions
In 2018, Land Bank reported total carbon emissions of approximately 6,449,200 kg CO2e from Scope 2 and about 5,952,400 kg CO2e from Scope 3 emissions. The bank's Scope 1 emissions were relatively low, with stationary combustion contributing about 80,100 kg CO2e. Over the years, Land Bank's emissions have fluctuated, with significant peaks in 2016, where Scope 1 emissions reached approximately 6,132,030 kg CO2e and Scope 2 emissions totalled about 6,845,190 kg CO2e. In 2017, emissions from Scope 1 and 2 combined were about 6,541,660 kg CO2e, while Scope 3 emissions were around 5,148,000 kg CO2e. Despite these figures, Land Bank has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction commitments suggests a need for enhanced climate action strategies within the organisation. As a financial institution headquartered in the Philippines, Land Bank's climate commitments are crucial in the context of global sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|
| Scope 1 | 384,460 | 0,000,000 | 0,000,000 | 00,000 |
| Scope 2 | 13,010,400 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 434,500 | 00,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Land Bank 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.
