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Public Profile
Financial Intermediation
AR
updated 5 months ago

Banco de Galicia y Buenos Aires S.A.U.

Company website

Banco de Galicia y Buenos Aires S.A.U., commonly referred to as Banco Galicia, is a leading financial institution headquartered in Argentina. Established in 1905, the bank has grown to become a prominent player in the Argentine banking sector, with a strong presence in major regions across the country. Specialising in retail and corporate banking, Banco Galicia offers a diverse range of products and services, including personal loans, credit cards, and investment solutions. Its commitment to innovation and customer service sets it apart in a competitive market. The bank has achieved significant milestones, including the expansion of its digital banking services, which cater to the evolving needs of its clientele. With a robust market position, Banco Galicia is recognised for its financial strength and customer-centric approach, making it a trusted choice for individuals and businesses alike in Argentina's dynamic financial landscape.

DitchCarbon Score

How does Banco de Galicia y Buenos Aires S.A.U.'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.

33

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.

27

Industry Benchmark

Banco de Galicia y Buenos Aires S.A.U.'s score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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Banco de Galicia y Buenos Aires S.A.U.'s reported carbon emissions

Inherited from Grupo Financiero Galicia S.A.

Banco de Galicia y Buenos Aires S.A.U., headquartered in Argentina, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The organisation is a current subsidiary of Grupo Financiero Galicia S.A., which may influence its climate-related initiatives and commitments. Despite the lack of direct emissions data, Banco de Galicia y Buenos Aires S.A.U. is part of a broader corporate family that may have established climate commitments. However, there are no documented reduction targets or climate pledges available for this entity at this time. The absence of specific initiatives or targets suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. As a financial institution, Banco de Galicia y Buenos Aires S.A.U. operates within an industry increasingly focused on sustainability and climate action. It is essential for such organisations to align with global standards and frameworks, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), to enhance their climate commitments and transparency. In summary, while Banco de Galicia y Buenos Aires S.A.U. does not currently report emissions data or specific climate commitments, its affiliation with Grupo Financiero Galicia S.A. may provide a pathway for future climate action and reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
974,000
0,000,000
0,000,000
0,000,000
Scope 2
-
00,000,000
00,000,000
-
Scope 3
4,061,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco de Galicia y Buenos Aires S.A.U.'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 de Galicia y Buenos Aires S.A.U. is in AR, 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 de Galicia y Buenos Aires S.A.U. is participating in some 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

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Where does DitchCarbon data come from?

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