Banco Azteca, S.A., Institución de Banca Múltiple
Banco Azteca, S.A., Institución de Banca Múltiple, is a prominent financial institution headquartered in Mexico City, Mexico. Established in 2002, it has rapidly grown to become a key player in the banking sector, primarily serving the Latin American market. The bank focuses on retail banking, offering a range of services including personal loans, savings accounts, and insurance products, all designed to meet the needs of its diverse clientele. What sets Banco Azteca apart is its commitment to financial inclusion, providing accessible banking solutions to underserved populations. With a strong presence in Mexico and expanding operations in Central America, the bank has achieved significant milestones, including a robust network of branches and ATMs. Its innovative approach and customer-centric services have solidified its position as a trusted financial partner in the region.
DitchCarbon Score
How does Banco Azteca, S.A., Institución de Banca Múltiple'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, S.A., Institución de Banca Múltiple's score of 35 is higher than 84% 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, S.A., Institución de Banca Múltiple's reported carbon emissions
In 2023, Banco Azteca, S.A., Institución de Banca Múltiple reported total carbon emissions of approximately 62,367,200 kg CO2e, comprising 3,424,900 kg CO2e from Scope 1 and 58,942,300 kg CO2e from Scope 2. Additionally, the bank's Scope 3 emissions were significant, amounting to about 35,024,500 kg CO2e. Over the years, Banco Azteca has demonstrated a commitment to reducing its carbon footprint. From 2019 to 2023, the bank's Scope 1 emissions decreased from 5,698,000 kg CO2e to 3,424,900 kg CO2e, while Scope 2 emissions saw a reduction from 61,183,000 kg CO2e to 58,942,300 kg CO2e. This indicates a proactive approach to managing and mitigating their environmental impact. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Banco Azteca, which suggests an opportunity for the institution to enhance its climate commitments further. The bank's emissions intensity metrics, such as emissions per employee and per million pesos of net profit, reflect ongoing efforts to improve operational efficiency and sustainability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,698,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 61,183,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000 | 00,000,000 |
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, S.A., Institución de Banca Múltiple 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.
