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Public Profile
Financial Intermediation
PG
updated a month ago

BSP Financial Group Limited

Company website

BSP Financial Group Limited, commonly known as BSP, is a leading financial institution headquartered in Port Moresby, Papua New Guinea (PG). Established in 1957, BSP has grown to become a prominent player in the banking and financial services industry, with a strong presence across the Pacific region, including Fiji, Solomon Islands, and Samoa. BSP offers a comprehensive range of products and services, including retail banking, corporate banking, and wealth management, distinguished by their commitment to customer service and innovative solutions. The company has achieved significant milestones, such as being the first bank in Papua New Guinea to introduce mobile banking services, enhancing accessibility for its customers. With a robust market position, BSP is recognised for its financial stability and community engagement, making it a trusted choice for individuals and businesses alike in the region.

DitchCarbon Score

How does BSP Financial Group Limited'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.

22

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.

27

Industry Benchmark

BSP Financial Group Limited's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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BSP Financial Group Limited's reported carbon emissions

BSP Financial Group Limited, headquartered in Papua New Guinea (PG), currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3 emissions, nor are there any documented reduction targets or climate pledges. The company has not established any Science-Based Targets Initiative (SBTi) reduction targets or other significant climate commitments at this time. As a result, BSP Financial Group Limited's current climate strategy appears to be in its early stages, with no publicly available data on emissions or reduction initiatives. In the context of the financial services industry, it is increasingly important for organisations to set measurable climate goals and report on their carbon footprints to align with global sustainability efforts. However, without specific emissions data or commitments, BSP Financial Group Limited's position on climate action remains unclear.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BSP Financial Group Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BSP Financial Group Limited is in PG, which has a medium grid carbon intensity relative to other regions.

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.

BSP Financial Group Limited is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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