Bank of the Philippine Islands
BPI's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
a
aVerified Sources Behind BPI’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BPI’s data sources below and access millions more through our Disclosure Search.
Insights into BPI's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of BPI amounted to 14,369 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 2023, the total operational greenhouse gas (GHG) emissions of BPI increased by 57.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
BPI's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are BPI's Scope 1 emissions?
In 2024, the total Scope 1 emissions of BPI were 4,526 metric tons of CO₂ equivalent (tCO₂e).a
Has BPI reduced its Scope 1 emissions over time?
Since 2021, BPI's Scope 1 emissions have increased by 1,455.33%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), BPI's Scope 1 emissions increased by 2,820%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are BPI's Scope 2 emissions?
In 2024, BPI reported Scope 2 greenhouse gas (GHG) emissions of 9,843 tCO₂e 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.ab
Compared to the previous year (2023), BPI's Scope 2 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
What methodology does BPI use for Scope 2 reporting?
In 2024, 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 2024, BPI reported 17,383 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of BPI includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
BPI's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are BPI's Scope 3 emissions?
In 2024, BPI reported total Scope 3 emissions of 17,383 metric tons of CO₂ equivalent (tCO₂e).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 94.58%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), BPI's Scope 3 emissions increased by 57.26%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does BPI disclose?
In 2024, BPI reported emissions for 3 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 2024, the largest contributors to BPI's Scope 3 emissions were:a
- Upstream Leased Assets (Cat. 8): 14,706 tCO₂e (84.6%)
- Fuel- and Energy-Related Services (Cat. 3): 2,480 tCO₂e (14.27%)
- Waste Generated in Operations (Cat. 5): 197 tCO₂e (1.13%)
BPI's Scope 3 Emissions by Categories
Insights into BPI’s GHG Emissions Intensity Compared to Industry Peers
In 2024, BPI reported Scope 1 greenhouse gas (GHG) emissions of 4,526 tCO₂e and total revenues of USD 2,932 millions. This translates into an emissions intensity of 1.54 tCO₂e per millions USD.a
BPI's Scope 1 Emissions Intensity Compared to Peers
How does BPI's GHG emissions intensity compare to its peers?
In 2024, BPI reported a Scope 1 emissions intensity of 1.54 tCO₂e per millions USD. Compared to the peer group median of 0.56, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does BPI rank on GHG emissions intensity within its industry?
In 2024, BPI ranked 22 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places BPI among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into BPI's Total Carbon Footprint
In 2024, BPI reported a total carbon footprint of 31,752 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 57.28% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to BPI's total carbon footprint was Scope 3 emissions, accounting for 54.75% of the company's total carbon footprint, followed by Scope 2 emissions at 31%.a