Credicorp Ltd., headquartered in Peru (PE), is a leading financial services holding company with a strong presence across Latin America. Founded in 1995, Credicorp has established itself as a key player in the banking and insurance sectors, primarily through its subsidiaries, including Banco de Crédito del Perú and Grupo Pacifico. The company offers a diverse range of products and services, including retail and corporate banking, asset management, and insurance solutions, distinguished by their customer-centric approach and innovative technology. Credicorp's commitment to excellence has earned it a prominent market position, making it one of the largest financial institutions in the region. With a focus on sustainable growth and financial inclusion, Credicorp continues to achieve significant milestones, reinforcing its reputation as a trusted partner in the financial landscape of Latin America.
How does Credicorp'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.
Mean score of companies in the Business Services 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.
Credicorp's score of 26 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Credicorp reported total carbon emissions of approximately 20,652,700 kg CO2e from Scope 1, 16,078,630 kg CO2e from Scope 2, and 25,322,000 kg CO2e from Scope 3 emissions. This indicates a comprehensive approach to tracking emissions across all scopes, with significant contributions from business travel, employee commuting, and purchased goods and services. Despite the detailed emissions reporting, Credicorp has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions data reflects a growing awareness of its environmental impact, but without formal commitments to reduce emissions, its climate strategy remains unclear. Credicorp's headquarters is located in Peru (PE), and its emissions data spans multiple years, showcasing a trend of increasing emissions alongside revenue growth. The company’s focus on emissions tracking is essential in the context of global climate commitments, yet the lack of defined reduction strategies may hinder its ability to align with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 21,053,620 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,752,140 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Credicorp is not committed to any reduction initiatives 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.