Banco de Comercio S.A. Sustainability Profile
Banco de Comercio S.A., commonly referred to as Banco de Comercio, is a prominent financial institution headquartered in Peru (PE). Established in 1984, the bank has made significant strides in the Peruvian banking sector, focusing on providing a diverse range of financial services tailored to both individual and corporate clients. Operating primarily in the retail and commercial banking sectors, Banco de Comercio offers unique products such as personal loans, credit cards, and business financing solutions. Its commitment to customer service and innovative banking solutions has positioned it as a trusted partner in the financial landscape. With a strong presence in major urban areas, Banco de Comercio continues to enhance its market position through strategic growth and a focus on customer-centric services.
DitchCarbon Score
How does Banco de Comercio 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.
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.
Industry Benchmark
Banco de Comercio S.A.'s score of 20 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco de Comercio S.A.'s reported carbon emissions
In 2023, Banco de Comercio S.A., headquartered in Peru (PE), reported no specific carbon emissions data. The bank has not disclosed any Scope 1, 2, or 3 emissions figures, indicating a lack of detailed emissions reporting. For the previous year, 2022, the bank provided some physical intensity metrics, including 0.211 g CO2e per vehicle kilometre (vkm) for automotive manufacture (Scope 3) and 0.094 g CO2e per revenue passenger kilometre (rpk) for aviation (Scope 1 and 2). In 2020, the reported physical intensity for electricity generation was 61,000 kg CO2e per MWh (Scope 1 and 2), and for cement manufacture, it was 660,000 kg CO2e per tonne (Scope 1 and 2). Despite these metrics, Banco de Comercio S.A. has not set any specific reduction targets or climate pledges, nor does it appear to inherit emissions data from a parent company. The absence of a structured climate commitment or reduction initiatives suggests that the bank may need to enhance its sustainability strategy to align with industry standards.
How Carbon Intensive is Banco de Comercio S.A.'s Industry?
How Carbon Intensive is Banco de Comercio S.A.'s Location?
Banco de Comercio S.A.'s Climate Goals (2030 & 2050)
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 de Comercio S.A. 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.
