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Public Profile
Financial Intermediation
PG
updated 2 months ago

BSP Financial Group Limited Sustainability Profile

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.

32

Industry Benchmark

BSP Financial Group Limited's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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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 have available carbon emissions data for the most recent year. As a result, specific figures regarding their total emissions, including Scope 1, Scope 2, and Scope 3 emissions, are not provided. Furthermore, BSP Financial Group Limited has not outlined any specific reduction targets or commitments related to climate initiatives. There are no documented climate pledges or initiatives such as Science Based Targets (SBTi) or other industry-standard frameworks that indicate a commitment to reducing carbon emissions. As the company does not inherit emissions data from a parent organization, all information is based solely on their own reporting. Without available data or commitments, it is unclear how BSP Financial Group Limited is addressing climate change or managing its carbon footprint.

How Carbon Intensive is BSP Financial Group Limited's Industry?

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, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is BSP Financial Group Limited's Location?

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.

BSP Financial Group Limited'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.

BSP Financial Group Limited 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.

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

Compare BSP Financial Group Limited's Emissions with Industry Peers

Commbank

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 19 days ago

Westpac Bank - PNG - Limited

PG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 24 days ago

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

Bank Of Queensland

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Suncorp

AU
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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