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Financial Intermediation
CL
updated 6 months ago

Banco BICE

Company website

Banco BICE, officially known as Banco BICE S.A., is a prominent financial institution headquartered in Santiago, Chile. Established in 1977, the bank has carved a niche in the Chilean banking sector, focusing on corporate and retail banking services. With a strong presence in major operational regions across Chile, Banco BICE offers a diverse range of products, including loans, investment services, and treasury solutions, distinguished by their customer-centric approach and innovative financial solutions. Over the years, Banco BICE has achieved significant milestones, positioning itself as a reliable partner for both individuals and businesses. Its commitment to excellence is reflected in its robust market position, recognised for its financial stability and quality service. With a focus on sustainable growth, Banco BICE continues to adapt to the evolving financial landscape, ensuring it meets the needs of its clients effectively.

DitchCarbon Score

How does Banco BICE'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.

26

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.

28

Industry Benchmark

Banco BICE's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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Banco BICE's reported carbon emissions

Inherited from Bicecorp S.A.

Banco BICE, headquartered in Chile (CL), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank is a current subsidiary of Bicecorp S.A., which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or specific climate pledges from Banco BICE, it is important to note that the bank's climate commitments may be aligned with those of its parent company, Bicecorp S.A. However, details regarding specific initiatives or targets are not available at this time. As a current subsidiary, Banco BICE may benefit from the broader sustainability strategies and frameworks established by Bicecorp S.A., which could include participation in initiatives such as the Carbon Disclosure Project (CDP). Nonetheless, without explicit data or commitments from Banco BICE itself, the specifics of its climate strategy remain unclear.

Unlock detailed emissions data

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

2022
Scope 1
1,038,400
Scope 2
1,776,800
Scope 3
2,409,700

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco BICE'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 BICE is in CL, which has a medium 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 BICE 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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Where does DitchCarbon data come from?

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