- Market volatility
- Regulatory changes
- Economic downturns
- Supply chain disruptions
- Climate change risks
Union Bank of the Philippines
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Union Bank of the Philippines disclosed greenhouse gas emissions of 14.2K tCO2e/year. By scope: Scope 1: 657.27 tCO2e/year; Scope 2: 13.5K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
14.2K tCO2e/year
2023
Water Usage
130.7K m3/year
2023
Waste
84.24 tons/year
2023
Energy Use
18.1K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 657.27 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.5K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 14.2K tCO2e/year |
| 2021 | 1.4K tCO2e/year |
| 2019 | 25.5K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 27 branches LEED-certified
- 827.5 MW of renewable power sourced
- E-waste Zero Project launched
- Tree planting and nurturing activities at Masungi Georeserve and La Mesa Nature Reserve
- CitySavings No Impact Challenge avoided 32,000 kg of CO2 emissions
🎯 Climate & Sustainability Targets
🔜 Short-term
- Become a Great Retail Bank by 2025
- 85% Net Promoter Score
- 5% increase in volunteer hours and beneficiaries for GoBeyondCommunities
📅 Medium-term
- Achieve upper percentile in ESG ratings
- 5% reduction in power, water, fuel consumption
🌱 ESG Focus Areas
Digital TransformationSustainable FinanceInclusive Prosperity