Bank of the Philippine Islands
BPI's GHG Emissions Data Preview
In 2023, BPI completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
BPI has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Insights into BPI's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of BPI amounted to 9,032 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of BPI decreased by 54.33%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
BPI's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are BPI's Scope 1 emissions?
In 2023, the total Scope 1 emissions of BPI were 53 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Has BPI reduced its Scope 1 emissions over time?
Since 2021, BPI's Scope 1 emissions have decreased by 81.79%, reflecting a declining long-term trend in Scope 1 emissions over time. a
What are BPI's Scope 2 emissions?
In 2023, BPI reported Scope 2 greenhouse gas (GHG) emissions of 8,979 tCOâ‚‚e without specifying the calculation method. a
Has BPI reduced its Scope 2 emissions over time?
Since 2021, BPI's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that BPI 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), BPI's Scope 2 emissions (Unspecified Calculation Method) fell by 54.6% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does BPI use for Scope 2 reporting?
In 2023, BPI reported its Scope 2 emissions using an unspecified methodology. a
BPI's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into BPI's Value Chain Emissions
In 2023, BPI reported 9,319 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of BPI includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
BPI's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are BPI's Scope 3 emissions?
In 2023, BPI reported total Scope 3 emissions of 9,319 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has BPI reduced its Scope 3 emissions over time?
Since 2021, BPI's Scope 3 emissions have decreased by 97.09%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), BPI's Scope 3 emissions remained relatively stable, indicating that BPI 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does BPI disclose?
In 2023, BPI reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of BPI's Scope 3 emissions?
In 2023, the largest contributors to BPI's Scope 3 emissions were: a
- Upstream Leased Assets (Cat. 8): 9,319 tCOâ‚‚e (100%)
BPI's Scope 3 Emissions by Categories
Insights into BPI's Total Carbon Footprint
In 2023, BPI reported a total carbon footprint of 18,351 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 35.1% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to BPI's total carbon footprint was Scope 3 emissions, accounting for 50.78% of the company's total carbon footprint, followed by Scope 2 emissions at 48.93%. a