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 85% 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. However, the bank has outlined its commitment to sustainability through various initiatives, although no formal reduction targets or climate pledges have been established. The available data from previous years indicates that the bank has not disclosed emissions under Scope 1, 2, or 3, which limits the understanding of its overall carbon footprint. For instance, in 2022, the bank provided physical intensity metrics for various sectors, such as 0.211 g CO2e per vehicle kilometre (vkm) in automotive manufacture and 0.094 g CO2e per revenue passenger kilometre (rpk) in aviation, but these figures do not represent total emissions. Additionally, in 2020, the bank reported a physical intensity of 61,000 kg CO2e per MWh for electricity generation and 660,000 kg CO2e per tonne for cement manufacture, again lacking comprehensive emissions data. As of now, Banco de Comercio S.A. has not cascaded any emissions data from a parent or related organization, indicating that its climate commitments and emissions reporting are independent. The absence of specific reduction targets or commitments suggests that the bank may need to enhance its sustainability strategy to align with industry standards and expectations.
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.
