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 25 is higher than 68% 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 reflects the bank's ongoing commitment to monitoring its environmental impact, although specific data on Scope 1 and Scope 2 emissions for this year was not disclosed. In the previous year, 2022, Metrobank'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. Over the years, Metrobank's emissions have shown a trend of increase, with 2021 emissions recorded at about 33,546,000 kg CO2e and 2020 at approximately 27,921,000 kg CO2e. The bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Metrobank's emissions data highlights the importance of transparency in corporate sustainability efforts, particularly in the financial sector in the Philippines. As the bank continues to grow, its climate commitments will be crucial in addressing the challenges of climate change and reducing its carbon footprint.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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.
