Public Profile

Banco Pichincha

Banco Pichincha, officially known as Banco Pichincha C.A., is a prominent financial institution headquartered in Ecuador (EC). Established in 1906, it has grown to become one of the largest banks in the country, with a significant presence in various regions across Latin America. The bank operates primarily in the banking and financial services industry, offering a diverse range of products including personal and business loans, savings accounts, and investment services. What sets Banco Pichincha apart is its commitment to innovation and customer service, making it a trusted choice for individuals and businesses alike. Over the years, the bank has achieved notable milestones, including expanding its operations internationally and embracing digital banking solutions. With a strong market position, Banco Pichincha continues to play a vital role in the economic development of Ecuador and beyond.

DitchCarbon Score

How does Banco Pichincha'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.

33

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.

26

Industry Benchmark

Banco Pichincha's score of 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

Banco Pichincha's reported carbon emissions

In 2022, Banco Pichincha reported total carbon emissions of approximately 1,357,350 kg CO2e, comprising 238,450 kg CO2e from Scope 1, 2,507,270 kg CO2e from Scope 2, and 868,630 kg CO2e from Scope 3 emissions. The bank has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, emissions have fluctuated, with notable figures from previous years including 1,200,000 kg CO2e in 2021, 1,200,000 kg CO2e in 2020, and 1,200,000 kg CO2e in 2019. The bank has reported emissions across all three scopes, indicating a comprehensive approach to measuring its environmental impact. While Banco Pichincha has not set specific reduction targets or joined any formal climate pledges, its ongoing emissions reporting reflects an awareness of climate issues and a potential commitment to future sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201720182019202020212022
Scope 1
130,390
000,000
0,000,000
00,000
00,000
00,000
000,000
000,000
Scope 2
8,474,000
0,000,000
000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
000,000
000,000
0,000,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Pichincha's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Banco Pichincha is headquartered in EC, which has a rank of medium, indicating medium grid carbon 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 Pichincha is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers