Metrobank
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 5 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Metrobank's reported carbon emissions
In 2023, Metrobank reported total carbon emissions of approximately 40,290,000 kg CO2e. This figure represents the combined emissions from both Scope 1 and Scope 2 sources, although specific breakdowns for these scopes were not disclosed for this year. Looking at previous years, emissions have shown an upward trend, with 2022 emissions at about 40,087,000 kg CO2e, 2021 at approximately 33,546,000 kg CO2e, 2020 at around 27,921,000 kg CO2e, and 2019 at about 31,145,900 kg CO2e. Notably, the Scope 1 emissions for 2023 were not specified, but in 2022, they were approximately 147,000 kg CO2e, while Scope 2 emissions for 2022 were about 39,940,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, Metrobank's emissions data indicates a need for enhanced climate commitments to address the increasing trend in carbon emissions. The absence of documented reduction targets suggests that the bank may need to establish clearer strategies to align with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 175,500 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 30,970,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Metrobank 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.
