BPI Family Savings Bank Sustainability Profile
BPI Family Savings Bank, a subsidiary of the Bank of the Philippine Islands (BPI), is a leading financial institution headquartered in Makati City, Philippines. Established in 2000, it has rapidly grown to become a prominent player in the banking industry, primarily serving the retail banking sector. The bank offers a diverse range of products and services, including savings accounts, loans, and investment options, tailored to meet the needs of families and individuals. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong presence across the Philippines, BPI Family Savings Bank has achieved significant milestones, including numerous awards for excellence in customer service and financial literacy initiatives. Its reputation as a trusted partner in financial growth solidifies its position as a key player in the Philippine banking landscape.
DitchCarbon Score
How does BPI Family Savings 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 Services Auxiliary to 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
BPI Family Savings Bank's score of 32 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BPI Family Savings Bank, headquartered in the Philippines, currently does not have specific carbon emissions data available for the most recent year. However, the bank's climate commitments and initiatives are influenced by its relationship with the Bank of the Philippine Islands (BPI), from which it inherits emissions data and sustainability strategies. As a merged entity, BPI Family Savings Bank aligns its climate efforts with BPI's broader sustainability goals. While specific reduction targets and achievements for BPI Family Savings Bank are not detailed, the bank is part of a corporate family that is actively engaged in climate initiatives, including participation in the Carbon Disclosure Project (CDP) at a cascade level of 1. BPI Family Savings Bank's commitment to sustainability is reflected in its alignment with industry standards and practices, although specific metrics and targets have not been disclosed. The bank's approach to climate action is likely informed by the overarching strategies of its parent organization, BPI, which may include various sustainability initiatives aimed at reducing carbon footprints and enhancing environmental responsibility. In summary, while BPI Family Savings Bank does not currently report specific emissions data or reduction targets, it is positioned within a corporate framework that prioritises climate action and sustainability, drawing on the initiatives and commitments of the Bank of the Philippine Islands.
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| 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | - | 00,000 |
| Scope 2 | 28,701,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is BPI Family Savings Bank's Industry?
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BPI Family Savings Bank's Scope 3 Categories Breakdown
BPI Family Savings Bank's Scope 3 emissions, which decreased by 25% last year and decreased by approximately 91% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 75% of total emissions under the GHG Protocol, with "Upstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
BPI Family Savings Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BPI Family Savings Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
