Banco Itaú Chile
Banco Itaú Chile, a prominent player in the Chilean banking sector, is headquartered in Santiago, Chile (CL). Established in 1976, the bank has evolved significantly, becoming a key provider of financial services in the region. It operates primarily in retail banking, corporate banking, and investment services, catering to a diverse clientele. The bank offers a range of core products, including personal and business loans, credit cards, and investment solutions, distinguished by their customer-centric approach and innovative digital platforms. Banco Itaú Chile is recognised for its strong market position, consistently ranking among the top banks in the country, and has received accolades for its commitment to sustainability and financial inclusion. With a focus on leveraging technology, Banco Itaú Chile continues to enhance its service offerings, ensuring it meets the evolving needs of its customers.
DitchCarbon Score
How does Banco Itaú Chile's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banco Itaú Chile's score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Itaú Chile's reported carbon emissions
In 2023, Banco Itaú Chile reported total carbon emissions of approximately 9,966,000 kg CO2e, comprising Scope 1 emissions of about 261,000 kg CO2e, Scope 2 emissions of approximately 7,811,000 kg CO2e, and Scope 3 emissions of around 7,750,000 kg CO2e. The Scope 1 emissions included mobile combustion (5,000 kg CO2e), fugitive emissions (197,000 kg CO2e), and stationary combustion (59,000 kg CO2e). In 2022, the bank's total emissions were about 13,210,000 kg CO2e, with Scope 1 emissions at approximately 212,000 kg CO2e and Scope 2 emissions at around 3,953,000 kg CO2e. The Scope 3 emissions for that year were reported at about 9,202,000 kg CO2e. Banco Itaú Chile has not disclosed specific reduction targets or initiatives related to carbon emissions, nor have they made commitments under the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for enhanced climate action strategies within the organisation. Overall, Banco Itaú Chile's emissions data reflects a significant carbon footprint, particularly in Scope 2 and Scope 3 categories, indicating areas for potential improvement in sustainability practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 273,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,894,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,873,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banco Itaú Chile is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
