Banco De Oro (BDO), officially known as BDO Unibank, Inc., is a leading financial institution headquartered in the Philippines. Established in 1968, BDO has grown to become one of the largest banks in the country, with a strong presence in key regions including Metro Manila and various provinces across the archipelago. Operating within the banking and financial services industry, BDO offers a comprehensive range of products and services, including retail banking, corporate banking, investment services, and wealth management. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With numerous accolades and a robust market position, BDO has consistently been recognised for its excellence in banking, making it a trusted partner for individuals and businesses alike.
How does Banco De Oro'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.
Banco De Oro's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Banco De Oro reported total carbon emissions of approximately 70,638,000 kg CO2e. This figure includes 1,237,000 kg CO2e from Scope 1 emissions, 66,784,000 kg CO2e from Scope 2 emissions, and 2,617,000 kg CO2e from Scope 3 emissions. Over the years, Banco De Oro has shown fluctuations in its emissions. In 2022, the total emissions were about 74,867,000 kg CO2e, with Scope 1 at 500,000 kg CO2e, Scope 2 at 71,488,000 kg CO2e, and Scope 3 at 2,879,000 kg CO2e. The bank's emissions peaked in 2021 at approximately 70,715,000 kg CO2e, with Scope 1 emissions reaching 430,000 kg CO2e and Scope 2 at 70,285,000 kg CO2e. Despite these figures, Banco De Oro has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's carbon intensity in 2023 was approximately 0.624 tonnes CO2e per million USD in revenue, reflecting its operational impact relative to financial performance. As a financial institution headquartered in the Philippines, Banco De Oro's emissions profile highlights the importance of addressing climate commitments within the banking sector, particularly in the context of global sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 66,000 | 000,000 | 00,000 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | 66,483,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 |
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.
Banco De Oro 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.