Metrobank Sustainability Profile
Metrobank, officially known as Metropolitan Bank & Trust Company, is a leading financial institution headquartered in the Philippines. Established in 1962, it has grown to become one of the largest banks in the country, with a strong presence in key regions across Southeast Asia. Operating primarily in the banking and financial services industry, Metrobank offers a comprehensive range of products, including retail banking, corporate banking, investment services, and wealth management. Its commitment to innovation and customer service sets it apart in a competitive market. With a robust network of branches and ATMs, Metrobank has consistently achieved notable milestones, including recognition for its financial stability and customer satisfaction. As a trusted partner for individuals and businesses alike, Metrobank continues to play a pivotal role in the Philippine economy.
DitchCarbon Score
How does Metrobank'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
Metrobank's score of 24 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metrobank's reported carbon emissions
In 2023, Metrobank reported total carbon emissions of approximately 40,290,000 kg CO2e. This figure reflects the bank's global operations and does not specify emissions by scope. In 2022, the bank's emissions were about 40,087,000 kg CO2e, with Scope 1 emissions at 147,000 kg CO2e and Scope 2 emissions at approximately 39,940,000 kg CO2e. The 2021 emissions were lower, at around 33,546,000 kg CO2e, with Scope 1 at 149,000 kg CO2e and Scope 2 at about 33,397,000 kg CO2e. In 2020, the total emissions were approximately 27,921,000 kg CO2e, with Scope 1 emissions of 371,000 kg CO2e and Scope 2 emissions at about 27,549,000 kg CO2e. Despite these figures, Metrobank has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. The bank's commitment to addressing climate change remains unspecified, indicating a potential area for future development in sustainability practices.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 371,000 | 000,000 | 000,000 |
| Scope 2 | 27,549,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Metrobank's Industry?
How Carbon Intensive is Metrobank's Location?
Metrobank'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.
Metrobank 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.
