Banco Central de Costa Rica (BCCR), established in 1950, serves as the nation's central bank, headquartered in San José, Costa Rica. This pivotal institution operates primarily within the financial services industry, focusing on monetary policy, financial stability, and the regulation of the banking sector. BCCR is renowned for its core services, including the issuance of currency, management of foreign reserves, and oversight of the national payment system. Its unique approach to maintaining economic stability has positioned it as a key player in the region. With a commitment to transparency and innovation, Banco Central de Costa Rica has achieved notable milestones, including the implementation of advanced financial technologies. As a trusted authority, it plays a crucial role in shaping Costa Rica's economic landscape and fostering sustainable growth.
How does Banco Central de Costa Rica'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 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 Central de Costa Rica's score of 26 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Banco Central de Costa Rica reported total carbon emissions of approximately 7,424,900,000 kg CO2e. This figure reflects the bank's overall impact on the environment, although specific details regarding the scope of these emissions (Scope 1, 2, or 3) were not provided. As of the latest data, there are no documented reduction targets or climate pledges from Banco Central de Costa Rica. This absence of specific commitments suggests that while the bank acknowledges its carbon footprint, it has not yet established formal initiatives aimed at reducing emissions or enhancing sustainability practices. In the context of the financial sector, it is increasingly important for institutions like Banco Central de Costa Rica to develop and implement strategies that align with global climate goals, particularly in light of the growing emphasis on environmental responsibility and sustainable finance.
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 Central de Costa Rica 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.