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 36 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 49,612,880 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 14,829,030 kg CO2e for Scope 1 and a minimal 200 kg CO2e for Scope 2, with Scope 3 emissions at approximately 12,991,130 kg CO2e. This indicates a significant increase in Scope 3 emissions in 2023, highlighting the importance of addressing indirect emissions in their climate strategy. In 2021, the bank's total emissions were approximately 50,000,000 kg CO2e, with Scope 1 emissions at 22,847,000 kg CO2e and Scope 2 at 27,863,000 kg CO2e, alongside 2,510,000 kg CO2e from Scope 3. Despite these figures, Banco del Bajío has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). Their current emissions data reflects the need for a more robust climate commitment to effectively manage and reduce their carbon footprint in the banking sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to any reduction initiatives 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.
