Bank of the Philippine Islands
The Bank of the Philippine Islands (BPI), a leading financial institution in the Philippines, has its headquarters in Makati City, Metro Manila. Established in 1851, BPI is one of the oldest banks in the country, with a rich history marked by significant milestones in banking innovation and customer service.
Operating primarily in the Philippines, BPI offers a comprehensive range of financial services, including retail banking, corporate banking, investment banking, and asset management. Its unique approach to customer service and commitment to digital transformation have solidified its position as a market leader.
With a strong emphasis on sustainability and community development, BPI has received numerous accolades for its contributions to the banking sector, making it a trusted partner for individuals and businesses alike.
-1 vs industry average
Bank of the Philippine Islands’s score of 34 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bank of the Philippine Islands's reported carbon emissions
In 2023, the Bank of the Philippine Islands (BPI) reported total carbon emissions of approximately 33,071,900 kg CO2e. This figure includes 53,000 kg CO2e from Scope 1 emissions, 8,979,000 kg CO2e from Scope 2 emissions, and 27,670,000 kg CO2e from Scope 3 emissions, specifically from upstream leased assets. BPI has set a significant climate commitment to achieve net-zero greenhouse gas emissions by 2050, with this target initiated in 2023. This long-term goal encompasses all scopes of emissions, reflecting the bank's dedication to sustainability and climate action. The bank's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. BPI continues to enhance its environmental strategies, aligning with global standards for climate accountability.
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Bank of the Philippine Islands’s Climate Goals (2030 & 2050)
1 goal2050
become a Net Zero greenhouse gas emissions company by 2050
become a Net Zero greenhouse gas emissions company by 2050
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Bank of the Philippine Islands
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