Rcbc
RCBC, or Rizal Commercial Banking Corporation, is a prominent financial institution headquartered in the Philippines. Established in 1960, RCBC has grown to become a key player in the banking industry, offering a diverse range of services including retail banking, corporate banking, and investment banking. With a strong presence in major operational regions across the Philippines, the bank has consistently demonstrated its commitment to innovation and customer service. RCBC is renowned for its unique digital banking solutions, which enhance customer experience and accessibility. The bank has achieved significant milestones, including recognition for its sustainable banking practices and robust financial performance. As a trusted name in the industry, RCBC continues to solidify its market position through strategic initiatives and a focus on community development.
DitchCarbon Score
How does Rcbc'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
Rcbc's score of 3 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rcbc's reported carbon emissions
In 2023, RCBC reported carbon emissions of approximately 9,574,000 kg CO2e, all of which were classified under Scope 2, indicating emissions from purchased electricity. This figure represents a slight increase from 2022, where emissions were about 9,463,580 kg CO2e. In 2021, RCBC's emissions were approximately 13,307,600 kg CO2e, while in 2020, they were about 11,652,000 kg CO2e. Notably, the company has not reported any Scope 1 emissions in the years available, indicating no direct emissions from owned or controlled sources. Despite the fluctuations in emissions, RCBC has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. Overall, RCBC's emissions data reflects their ongoing reliance on electricity, highlighting an area for potential improvement in their climate action efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 11,652,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| 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.
Rcbc 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.
