Bank of Commerce 2024 SR
The report details Bank of Commerce's (BankCom) sustainability initiatives and performance for the fiscal year 2024, highlighting a record net income of ₱3.02 billion. It features the implementation of an Environmental and Social Risk Management System (ESRMS) to integrate ESG factors into credit and operational risks. Key achievements include the 'Train the Trainers' financial literacy program and extensive community engagement in reforestation and coastal cleanup projects. The bank disclosed its Scope 1 and Scope 2 greenhouse gas emissions and maintained a strong focus on diversity, with women comprising over 61% of the workforce. Additionally, BankCom advanced its digital transformation and data security measures to enhance customer experience and protection.
Company: Bank of Commerce
Sector: Financials
Country: Philippines
Year: 2024
Type: SR
Pages: 42
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Bank of Commerce
Sustainability Report
The report details Bank of Commerce's (BankCom) sustainability initiatives and performance for the fiscal year 2024, highlighting a record net income of ₱3.02 billion. It features the implementation of an Environmental and Social Risk Management System (ESRMS) to integrate ESG factors into credit and operational risks. Key achievements include the 'Train the Trainers' financial literacy program and extensive community engagement in reforestation and coastal cleanup projects. The bank disclosed its Scope 1 and Scope 2 greenhouse gas emissions and maintained a strong focus on diversity, with women comprising over 61% of the workforce. Additionally, BankCom advanced its digital transformation and data security measures to enhance customer experience and protection.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women in Management
Employees