Public Profile

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.

21

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 Azteca de Guatemala, S.A.'s score of 21 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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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 59,790,000 kg CO2e, comprising 10,531,000 kg CO2e from Scope 1, 58,790,000 kg CO2e from Scope 2, and 970,000 kg CO2e from Scope 3 emissions. This marked a notable increase in Scope 1 emissions compared to previous years, while Scope 2 emissions showed a slight increase as well. In 2021, the bank's emissions were approximately 45,023,000 kg CO2e from Scope 2 and 3,168,000 kg CO2e from Scope 1. The 2020 data indicated a total of about 49,276,000 kg CO2e from Scope 2, 3,501,000 kg CO2e from Scope 1, and 413,000 kg CO2e from Scope 3. Despite these figures, Banco Azteca de Guatemala has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its operational impact, but without defined strategies for reduction, its long-term climate commitments remain unclear.

Unlock detailed emissions data

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

20182019202020212022
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
-
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Azteca de Guatemala, S.A.'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. This request for Banco Azteca de Guatemala, S.A. is in GT, which has a very high grid carbon intensity relative to other regions.

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.

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

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