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.
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 Pichincha's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Pichincha's reported carbon emissions
In 2022, Banco Pichincha reported total carbon emissions of approximately 3,057,350 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. Over the years, the bank has shown fluctuations in its emissions, with notable figures from previous years including 3,200,000 kg CO2e in 2021 and 5,264,000 kg CO2e in 2020. The bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. However, it has disclosed emissions across all three scopes, highlighting its awareness of the broader impact of its operations. The data reflects a commitment to transparency in emissions reporting, which is essential for understanding and addressing climate change impacts. Banco Pichincha's emissions data illustrates the challenges faced by financial institutions in managing their carbon footprint, particularly in Scope 3 emissions, which often represent the largest share of total emissions. As the bank continues to navigate its climate commitments, ongoing monitoring and potential future targets will be crucial for aligning with global climate goals.
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Get Started| 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| 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
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 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.
