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 27 is higher than 51% 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 42,000,000 kg CO2e. This figure includes 3,424,900 kg CO2e from Scope 1 emissions, 58,942,300 kg CO2e from Scope 2 emissions, and 35,024,500 kg CO2e from Scope 3 emissions. The combined total of Scope 1 and Scope 2 emissions stands at about 62,367,200 kg CO2e. Comparatively, in 2022, the bank's emissions were approximately 60,016,200 kg CO2e, with Scope 1 emissions at 2,597,600 kg CO2e and Scope 2 emissions at 56,987,900 kg CO2e. The data indicates a slight increase in emissions from 2022 to 2023, particularly in Scope 2 emissions. Banco Azteca has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The bank's emissions data is independently reported and not cascaded from any parent or related organization. Overall, while Banco Azteca has disclosed its emissions across all relevant scopes, it currently lacks defined strategies for emissions reduction or climate pledges, positioning it within an industry context that increasingly prioritises sustainability and carbon neutrality.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,760,300 | 0,000,000 | 0,000,000 |
| Scope 2 | 53,964,300 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 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.
