East West Banking Corp 2022 AR2
The report highlights EastWest Banking Corporation's financial and sustainability performance for the fiscal year 2022, focusing on its transition back to a growth path and its goal of becoming the leading consumer bank in the Philippines. The company achieved double-digit growth in core revenues, with net income rising to Php 4.6 billion, driven by robust consumer lending activities. On the sustainability front, EastWest advanced its Economic, Environmental, Social, and Governance (EESG) framework, including digital banking initiatives through Komo to promote financial inclusion. Additionally, the bank implemented energy and water conservation programs, successfully avoiding the printing of approximately 20 million pages by migrating 96% of active credit cardholders to electronic statements.
Company: East West Banking Corp
Sector: Financials
Country: Philippines
Year: 2022
Type: AR2
Pages: 55
Back to company
East West Banking Corp
Annual Report
The report highlights EastWest Banking Corporation's financial and sustainability performance for the fiscal year 2022, focusing on its transition back to a growth path and its goal of becoming the leading consumer bank in the Philippines. The company achieved double-digit growth in core revenues, with net income rising to Php 4.6 billion, driven by robust consumer lending activities. On the sustainability front, EastWest advanced its Economic, Environmental, Social, and Governance (EESG) framework, including digital banking initiatives through Komo to promote financial inclusion. Additionally, the bank implemented energy and water conservation programs, successfully avoiding the printing of approximately 20 million pages by migrating 96% of active credit cardholders to electronic statements.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Workplace Fatalities
Employees