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Financial Intermediation
SV
updated 6 months ago

Banco Cuscatlán de El Salvador, S.A.

Company website

Banco Cuscatlán de El Salvador, S.A., commonly referred to as Banco Cuscatlán, is a prominent financial institution headquartered in San Salvador, El Salvador. Established in 1999, the bank has made significant strides in the Salvadoran banking sector, focusing on retail and corporate banking services. With a strong presence across Central America, Banco Cuscatlán offers a diverse range of products, including personal loans, savings accounts, and investment services, tailored to meet the needs of both individual and business clients. Its commitment to innovation and customer service has positioned it as a leader in the industry, earning recognition for its robust financial solutions and community engagement initiatives. As a key player in the Salvadoran market, Banco Cuscatlán continues to enhance its offerings, ensuring it remains a trusted partner for financial growth and stability.

DitchCarbon Score

How does Banco Cuscatlán de El Salvador, S.A.'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.

20

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 Cuscatlán de El Salvador, S.A.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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Banco Cuscatlán de El Salvador, S.A.'s reported carbon emissions

Banco Cuscatlán de El Salvador, S.A. currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The bank is a current subsidiary and may inherit climate-related commitments and data from its parent organisation, but no specific details are provided regarding these cascaded emissions or targets. In terms of climate commitments, there are no documented reduction targets or initiatives listed for Banco Cuscatlán de El Salvador, S.A. This suggests that the bank may still be in the early stages of developing its climate strategy or reporting framework. As a financial institution, Banco Cuscatlán is positioned within an industry increasingly focused on sustainability and climate action. It is essential for banks to establish clear emissions reduction targets and engage in initiatives that align with global climate goals, such as those set by the Science Based Targets initiative (SBTi) or other recognised frameworks. Overall, while specific emissions data and reduction commitments are not available, the bank's future climate strategy will be crucial in addressing its environmental impact and contributing to broader sustainability efforts in El Salvador and beyond.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Cuscatlán de El Salvador, S.A.'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 Cuscatlán de El Salvador, S.A. is in SV, 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 Cuscatlán de El Salvador, S.A. 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

Where does DitchCarbon data come from?

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

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