BAC International Bank, Inc., commonly referred to as BAC, is a prominent financial institution headquartered in Pennsylvania. Established in 1976, BAC has grown to become a key player in the banking industry, primarily serving Central America and the Caribbean. The bank offers a diverse range of services, including personal and commercial banking, investment solutions, and wealth management, distinguished by its commitment to customer-centric solutions and innovative financial products. With a strong market presence, BAC International Bank has achieved notable milestones, including expanding its operational footprint across several countries. The bank's focus on digital banking and personalised service has positioned it as a trusted partner for individuals and businesses alike, making it a leader in the region's financial landscape.
How does BAC International Bank, Inc.'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 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.
BAC International Bank, Inc.'s score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BAC International Bank, Inc. reported significant carbon emissions across various scopes. The total emissions for the global operations were approximately 7,542,400 kg CO2e for Scope 1, 13,018,660 kg CO2e for Scope 2, and 10,298,580 kg CO2e for Scope 3. Notably, the emissions from capital goods accounted for about 3,682,190 kg CO2e, while business travel contributed approximately 175,290 kg CO2e. In Panama (PA), the bank's GHG emissions intensity was reported at approximately 149,880 kg CO2e per square metre. However, there are currently no disclosed reduction targets or climate pledges from BAC International Bank, indicating a potential area for future commitment to sustainability and emissions reduction initiatives. Overall, while BAC International Bank has provided emissions data, it has yet to establish specific reduction targets or initiatives, which is crucial for aligning with industry standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 7,542,400 |
Scope 2 | 13,018,660 |
Scope 3 | 10,298,580 |
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.
BAC International Bank, Inc. 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.