Banco Azteca de Guatemala, S.A.
Banco Azteca de Guatemala, S.A., a prominent financial institution headquartered in Guatemala City, operates primarily in the banking and financial services industry. Established in 2005, the bank has rapidly expanded its footprint across Guatemala, offering a range of innovative financial solutions tailored to meet the needs of its diverse clientele. Specialising in personal loans, savings accounts, and insurance products, Banco Azteca distinguishes itself through its commitment to accessibility and customer service. The bank's unique approach includes a focus on underserved markets, enabling financial inclusion for many Guatemalans. With a strong market position, Banco Azteca has achieved significant milestones, including a robust network of branches and ATMs, solidifying its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Banco Azteca de Guatemala, S.A.'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 Azteca de Guatemala, S.A.'s score of 21 is lower than 82% 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 Azteca de Guatemala, S.A.'s reported carbon emissions
In 2022, Banco Azteca de Guatemala, S.A. reported total carbon emissions of approximately 10531000 kg CO2e for Scope 1 and about 58790000 kg CO2e for Scope 2. Additionally, their Scope 3 emissions were recorded at around 970000 kg CO2e, with significant contributions from purchased goods and services, amounting to approximately 2311000 kg CO2e. Over the previous years, the bank has shown fluctuations in its emissions. For instance, in 2021, Scope 1 emissions were about 3168000 kg CO2e, and Scope 2 emissions were approximately 45023000 kg CO2e. In 2020, Scope 1 emissions were around 3501000 kg CO2e, while Scope 2 emissions reached about 49276000 kg CO2e. The data indicates a notable increase in Scope 2 emissions from 2020 to 2022. Despite these figures, Banco Azteca de Guatemala, S.A. has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests that the bank may still be in the early stages of formalising its climate strategy. Overall, while the bank's emissions data reflects its operational impact, further transparency regarding its climate commitments and reduction strategies would be beneficial for stakeholders and the environment.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 118,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 53,859,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 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 Azteca de Guatemala, S.A. 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.
