Development Bank of the Philippines
The Development Bank of the Philippines (DBP), headquartered in the Philippines, is a pivotal player in the country's banking sector, primarily focusing on development finance. Established in 1973, DBP has played a crucial role in supporting infrastructure, agriculture, and small to medium enterprises across various regions, including Luzon, Visayas, and Mindanao. As a government-owned bank, DBP offers a range of financial products and services, including loans, investment banking, and treasury services, tailored to foster economic growth and development. Its commitment to sustainable financing and community development distinguishes it from other financial institutions. With a strong market position, DBP has achieved notable milestones, including significant contributions to national infrastructure projects, reinforcing its status as a key driver of economic progress in the Philippines.
DitchCarbon Score
How does Development Bank of the Philippines'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 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
Development Bank of the Philippines's score of 17 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Development Bank of the Philippines's reported carbon emissions
The Development Bank of the Philippines (DBP), headquartered in the Philippines, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined by the bank at this time. In the context of the banking industry, many financial institutions are increasingly recognising the importance of sustainability and are setting ambitious climate goals. While DBP has not disclosed its own initiatives or targets, it is essential for financial entities to align with global climate standards and contribute to reducing greenhouse gas emissions. As the climate crisis intensifies, stakeholders are encouraged to monitor DBP's future commitments and actions towards carbon neutrality and sustainable finance practices.
Industry emissions intensity
Location emissions intensity
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.
Development Bank of the Philippines is not committed to any 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.
