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 25 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, 58,942,300 kg CO2e from Scope 2, and 35,024,500 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 1 emissions compared to 2022, where they were about 2,597,600 kg CO2e, and a marginal increase in Scope 2 emissions from 56,987,900 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, they have reported emissions intensity metrics, indicating a focus on improving efficiency relative to their operations. For instance, in 2023, the emissions intensity per employee was approximately 1.9 kg CO2e, and per million pesos of net profit, it was 0.00001 kg CO2e. Banco Azteca's commitment to addressing climate change is evident through their emissions reporting, although further details on specific reduction strategies or long-term climate commitments are not available.
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Get Started| 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 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.
