Banco Bci
Banco Bci, officially known as Banco de Crédito e Inversiones, is a prominent financial institution headquartered in Santiago, Chile. Established in 1937, it has grown to become a key player in the banking sector, serving a diverse clientele across the country and in various international markets. Specialising in retail banking, corporate finance, and investment services, Banco Bci offers a comprehensive range of products, including personal loans, mortgages, and credit cards. Its commitment to innovation and customer service distinguishes it from competitors, making it a preferred choice for many Chileans. With a strong market position, Banco Bci has received numerous accolades for its financial performance and customer satisfaction, solidifying its reputation as a reliable banking partner in the region.
DitchCarbon Score
How does Banco Bci'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 Bci's score of 32 is higher than 55% 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 Bci's reported carbon emissions
In 2023, Banco Bci reported total carbon emissions of approximately 13,365,000 kg CO2e. This figure includes 395,000 kg CO2e from Scope 1 emissions, which consist of direct emissions from owned or controlled sources, and 10,567,000 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the value chain. Notably, the largest contributors to Scope 3 emissions were employee commuting (about 8,096,000 kg CO2e) and business travel (approximately 1,156,000 kg CO2e). Comparatively, in 2022, the bank's total emissions were about 12,574,000 kg CO2e, with Scope 1 emissions at 599,000 kg CO2e and Scope 3 emissions at 8,760,000 kg CO2e. This indicates a slight increase in total emissions from 2022 to 2023. Banco Bci's emissions data is cascaded from its parent company, Banco de Crédito e Inversiones, reflecting a corporate family relationship. However, the bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, while Banco Bci has made strides in reporting its emissions, the absence of defined reduction targets suggests that further action may be necessary to align with global climate goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 941,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 9,987,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 3 | 12,897,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 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 Bci 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.
