East West Banking Corp 2024 AR2
The report highlights EastWest Bank's milestone 30th anniversary in 2024, delivering its strongest financial performance to date with a record net income of Php 7.6 billion. The company accelerated its digital transformation by launching the EasyWay and EasyBiz apps, while migrating over 76% of its online users to these new platforms. In sustainability, EastWest introduced its first eco-friendly debit card made from 84% recycled plastic and successfully deployed over 92,000 cards. Additionally, the bank integrated its Environmental and Social Risk Management (ESRM) framework into its core credit and operational risk systems to promote sustainable finance.
Company: East West Banking Corp
Sector: Financials
Country: Philippines
Year: 2024
Type: AR2
Pages: 102
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East West Banking Corp
Annual Report
The report highlights EastWest Bank's milestone 30th anniversary in 2024, delivering its strongest financial performance to date with a record net income of Php 7.6 billion. The company accelerated its digital transformation by launching the EasyWay and EasyBiz apps, while migrating over 76% of its online users to these new platforms. In sustainability, EastWest introduced its first eco-friendly debit card made from 84% recycled plastic and successfully deployed over 92,000 cards. Additionally, the bank integrated its Environmental and Social Risk Management (ESRM) framework into its core credit and operational risk systems to promote sustainable finance.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees