Public Profile

Banco Bolivariano

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.

DitchCarbon Score

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.

7

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.

13

Industry Benchmark

Banco Bolivariano's score of 7 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

Banco Bolivariano's reported carbon emissions

In 2022, Banco Bolivariano reported total carbon emissions of approximately 2,803,500 kg CO2e. This figure includes 809,200 kg CO2e from Scope 1 emissions, 1,048,400 kg CO2e from Scope 2 emissions, and 945,800 kg CO2e from Scope 3 emissions. The previous year, 2021, the bank's total emissions were about 2,655,700 kg CO2e, with Scope 1 emissions at 600,900 kg CO2e, Scope 2 at 1,140,900 kg CO2e, and Scope 3 at 913,900 kg CO2e. Despite the increase in total emissions from 2021 to 2022, specific reduction targets or initiatives have not been disclosed by Banco Bolivariano. The bank's commitment to addressing climate change remains unclear, as there are no documented reduction targets or climate pledges available. Overall, Banco Bolivariano's emissions data highlights the importance of transparency and accountability in corporate climate commitments, particularly in the financial sector.

Unlock detailed emissions data

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Add to project
20212022
Scope 1
600,900
000,000
Scope 2
1,140,900
0,000,000
Scope 3
913,900
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Bolivariano'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. Banco Bolivariano is headquartered in EC, which has a rank of medium, indicating medium grid carbon 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 Bolivariano 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers