Banco del Bajío, S.A., Institución de Banca Múltiple
Banco del Bajío, S.A., Institución de Banca Múltiple, is a prominent financial institution headquartered in Mexico. Established in 1994, the bank has made significant strides in the Mexican banking sector, particularly in the Bajío region, which encompasses key states such as Guanajuato, Querétaro, and Michoacán. Specialising in a diverse range of banking services, Banco del Bajío offers personal and commercial banking solutions, including loans, savings accounts, and investment products. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong market presence, Banco del Bajío has garnered recognition for its robust financial performance and customer-centric approach, making it a trusted choice for individuals and businesses alike in Mexico's evolving financial landscape.
DitchCarbon Score
How does Banco del Bajío, S.A., Institución de Banca Múltiple'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 del Bajío, S.A., Institución de Banca Múltiple's score of 38 is higher than 88% 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 del Bajío, S.A., Institución de Banca Múltiple's reported carbon emissions
In 2023, Banco del Bajío, S.A., Institución de Banca Múltiple reported total carbon emissions of approximately 49,104,880 kg CO2e. This figure includes 13,224,860 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 36,688,020 kg CO2e from Scope 3 emissions, which encompass indirect emissions from the value chain. Notably, there were no reported Scope 2 emissions for this year. Comparatively, in 2022, the bank's emissions were about 27,220,160 kg CO2e, with 14,829,030 kg CO2e from Scope 1, 200 kg CO2e from Scope 2, and 12,991,130 kg CO2e from Scope 3. In 2021, emissions were significantly higher at approximately 50,000,000 kg CO2e, with 22,847,000 kg CO2e from Scope 1, 27,863,000 kg CO2e from Scope 2, and 2,510,000 kg CO2e from Scope 3. Despite these figures, Banco del Bajío has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) reduction targets suggests that the bank may still be in the early stages of formalising its climate commitments. As the financial sector increasingly prioritises sustainability, Banco del Bajío's future strategies will be crucial in addressing its carbon emissions and aligning with global climate goals.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 22,847,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 27,863,000 | 000 | - |
| Scope 3 | 2,510,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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 del Bajío, S.A., Institución de Banca Múltiple 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.
