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 45 is higher than 96% 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 (BDO) reported total carbon emissions of approximately 70,638,000 kg CO2e, comprising 1,237,000 kg CO2e from Scope 1, 66,784,000 kg CO2e from Scope 2, and 2,617,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing its carbon footprint significantly. BDO has set ambitious climate targets, aiming for a 50% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030, using FY2020 as the baseline. Furthermore, the bank has pledged to achieve net-zero emissions across its entire value chain by FY2050. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions per full-time employee by the same year. The bank is also focused on engaging its supply chain, with a target that 80% of its suppliers will have science-based targets by FY2027. These initiatives align with industry standards for climate action and demonstrate BDO's commitment to sustainability and environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 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 committed to some 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.