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Public Profile
Financial Intermediation
MX
updated a month ago

Banco del Bajío, S.A., Institución de Banca Múltiple Sustainability Profile

Company website

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.

22

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.

29

Industry Benchmark

Banco del Bajío, S.A., Institución de Banca Múltiple's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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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 an emissions intensity of approximately 1,120 kg CO2e per employee. However, the bank has not disclosed specific total emissions figures for Scope 1, Scope 2, or Scope 3, nor has it set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi). The absence of detailed emissions data suggests that the bank may still be in the early stages of developing a comprehensive climate strategy. Currently, there are no documented climate pledges or reduction initiatives outlined by the institution. As such, Banco del Bajío's climate commitments remain unclear, and further transparency in emissions reporting would be beneficial for stakeholders interested in the bank's environmental impact. Overall, while the bank has provided some emissions intensity data, it lacks specific targets or a clear framework for reducing its carbon footprint, indicating a potential area for future development in its sustainability efforts.

How Carbon Intensive is Banco del Bajío, S.A., Institución de Banca Múltiple's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco del Bajío, S.A., Institución de Banca Múltiple's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Banco del Bajío, S.A., Institución de Banca Múltiple's Location?

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 del Bajío, S.A., Institución de Banca Múltiple is in MX, which has a low grid carbon intensity relative to other regions.

Banco del Bajío, S.A., Institución de Banca Múltiple'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 del Bajío, S.A., Institución de Banca Múltiple 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Banco del Bajío, S.A., Institución de Banca Múltiple's Emissions with Industry Peers

Grupo Financiero Citibanamex, S. A. de C. V.

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 26 days ago

Deutsche Bank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Banco Bilbao Vizcaya Argentaria

ES
•
Services auxiliary to financial intermediation (67)
Updated 3 days ago

Banco Santander

ES
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 12 hours ago

Banco Regional, S.A., Institucion de Banca Multiple, Banregio Grupo Financiero

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 23 days ago

Scotiabank Inverlat, S.A.

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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