We also transitioned to using LED lights, inverter-type air conditioning, and motion sensors as part of energy efficiency efforts in all corporate centers.

We closely track the fuel consumption of our service vehicles and standby generators, as well as power usage across our corporate centers and domestic branches

To reduce greenhouse gas (GHG) emissions, we adopt a resource management strategy such as regular maintenance of bank vehicles and generator sets. Adopting the financial control approach, we accounted for 100% of emissions from our operations, using global and national emission factors related to fuel and power use. In 2023, our emissions totaled 40,290 tonnes of CO2e, a slight increase from 40,087 tonnes in 2022. Notably, 99.6% of these emissions came from power consumption (Scope 2). Metrobank seeks to initiate establishing its Scope 3 emissions inventory aligned to international standards and local protocols to support the bank’s climate risk assessments.

We’re improving hazardous waste data collection and enforcing our Solid Waste Management Program, which focuses on recycling and waste reduction. This includes designated bins for hazardous waste in compliance with DENR regulations.