Banco de Galicia y Buenos Aires S.A.U. Sustainability Profile
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.
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 Galicia y Buenos Aires S.A.U.'s score of 35 is higher than 56% 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 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.
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| 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 933,380 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,626,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 0,000.00 |
| Scope 3 | 2,664,020 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Banco de Galicia y Buenos Aires S.A.U.'s Industry?
How Carbon Intensive is Banco de Galicia y Buenos Aires S.A.U.'s Location?
Banco de Galicia y Buenos Aires S.A.U.'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 Galicia y Buenos Aires S.A.U. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
