Philippine Savings Bank 2023 SR
The report highlights PSBank's sustainability progress for the 2023 financial year, focusing on its transition to a low-carbon economy and social responsibility. Key environmental achievements include converting its head office to 100% renewable energy and launching its first solar-powered branch, contributing to a reduction in Scope 1 and Scope 2 emissions. The bank expanded its SME loan portfolio to Php 4.70 billion, supporting UN SDG 8, and achieved a 16.80% reduction in absolute fuel consumption. PSBank also introduced circularity initiatives for asset disposal, resulting in significant waste reduction and cost savings. Furthermore, the bank maintained zero data privacy breaches and continued its award-winning financial literacy campaigns, reaching 3.2 million people.
Company: Philippine Savings Bank
Sector: Financials
Country: Philippines
Year: 2023
Type: SR
Pages: 40
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Philippine Savings Bank
Sustainability Report
The report highlights PSBank's sustainability progress for the 2023 financial year, focusing on its transition to a low-carbon economy and social responsibility. Key environmental achievements include converting its head office to 100% renewable energy and launching its first solar-powered branch, contributing to a reduction in Scope 1 and Scope 2 emissions. The bank expanded its SME loan portfolio to Php 4.70 billion, supporting UN SDG 8, and achieved a 16.80% reduction in absolute fuel consumption. PSBank also introduced circularity initiatives for asset disposal, resulting in significant waste reduction and cost savings. Furthermore, the bank maintained zero data privacy breaches and continued its award-winning financial literacy campaigns, reaching 3.2 million people.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees