Banco Bolivariano, officially known as Banco Bolivariano S.A., is a prominent financial institution headquartered in Ecuador (EC). Established in 1994, the bank has made significant strides in the Ecuadorian banking sector, focusing on retail banking, corporate finance, and microfinance services. With a strong presence in major operational regions across the country, Banco Bolivariano is dedicated to providing innovative financial solutions tailored to meet the diverse needs of its clients. The bank offers a range of core products, including savings accounts, loans, and investment services, distinguished by their customer-centric approach and competitive interest rates. Recognised for its commitment to financial inclusion, Banco Bolivariano has achieved notable milestones, positioning itself as a trusted partner for individuals and businesses alike in Ecuador's evolving financial landscape.
How does Banco Bolivariano'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.
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.
Banco Bolivariano's score of 29 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Banco Bolivariano reported total carbon emissions of approximately 2,803,500 kg CO2e. This total comprises Scope 1 emissions of about 809,200 kg CO2e, Scope 2 emissions of approximately 1,048,400 kg CO2e, and Scope 3 emissions of around 945,800 kg CO2e. In comparison, the bank's total emissions for 2021 were approximately 2,655,700 kg CO2e, indicating a slight increase in emissions year-on-year. Banco Bolivariano has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organisation, and all reported figures are directly attributed to Banco Bolivariano C.A. The bank's commitment to sustainability is reflected in its operational practices, although specific climate pledges or reduction initiatives have not been disclosed. As the financial sector increasingly focuses on climate impact, Banco Bolivariano's emissions data highlights the importance of ongoing monitoring and potential future commitments to reduce its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 600,900 | 000,000 |
| Scope 2 | 1,140,900 | 0,000,000 |
| Scope 3 | 913,900 | 000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Bolivariano has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.


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