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Public Profile
Financial Intermediation
PH
updated a month ago

Security Bank Corporation Sustainability Profile

Company website

Security Bank Corporation, commonly referred to as Security Bank, is a prominent financial institution headquartered in the Philippines. Established in 1948, the bank has grown to become a key player in the Philippine banking industry, with a strong presence in major operational regions across the country. Specialising in a range of services, Security Bank offers personal and corporate banking, investment services, and treasury management. Its commitment to innovation and customer service sets it apart, particularly with unique products like its digital banking solutions. Over the years, Security Bank has achieved significant milestones, including recognition for its financial stability and customer satisfaction. With a solid market position, Security Bank continues to be a trusted partner for individuals and businesses alike, reflecting its dedication to excellence in the banking sector.

DitchCarbon Score

How does Security Bank Corporation'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.

22

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.

32

Industry Benchmark

Security Bank Corporation's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

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Security Bank Corporation's reported carbon emissions

Security Bank Corporation, headquartered in the Philippines, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank at this time. As a result, the organisation's climate commitments and initiatives remain unclear. Without available data or specific targets, it is challenging to assess their environmental impact or progress towards sustainability goals. In the context of the banking industry, many institutions are increasingly adopting science-based targets and committing to net-zero emissions. However, Security Bank Corporation has not yet aligned with such initiatives or disclosed any related commitments.

How Carbon Intensive is Security Bank Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Security Bank Corporation's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Security Bank Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Security Bank Corporation is in PH, which has a medium grid carbon intensity relative to other regions.

Security Bank Corporation'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.

Security Bank Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Security Bank Corporation's Emissions with Industry Peers

China Banking Corporation

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 7 hours ago

Wells Fargo

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Rcbc

PH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Shinhan Bank

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

First Commercial Bank

TW
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Multinational Investment Bancorporation

PH
Updated 8 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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