Banco del Estado de Chile
Banco del Estado de Chile, commonly referred to as BancoEstado, is a prominent financial institution headquartered in Santiago, Chile. Established in 1855, it has played a pivotal role in the Chilean banking sector, focusing on providing accessible banking services to individuals and businesses across the country. With a strong presence in both urban and rural areas, BancoEstado operates throughout Chile, ensuring financial inclusion for all citizens. As a state-owned bank, BancoEstado offers a diverse range of products and services, including savings accounts, loans, and investment options, distinguished by their commitment to social responsibility and customer service. The bank has achieved notable milestones, such as being the first in Chile to introduce mobile banking solutions, enhancing convenience for its clients. With a solid market position, BancoEstado continues to be a leader in promoting financial literacy and economic development in Chile.
DitchCarbon Score
How does Banco del Estado de Chile'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 Estado de Chile's score of 20 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco del Estado de Chile's reported carbon emissions
Banco del Estado de Chile, headquartered in Chile, reported its carbon emissions data for the year 2017. However, specific emissions figures are not disclosed in the available data. The bank has not provided any information regarding Scope 1, 2, or 3 emissions, nor does it appear to have set any formal reduction targets or climate pledges. In the context of climate commitments, Banco del Estado de Chile has not outlined any specific initiatives or targets aimed at reducing its carbon footprint. This lack of disclosed emissions data and reduction strategies suggests that the bank may need to enhance its transparency and commitment to climate action in line with industry standards. As the financial sector increasingly prioritises sustainability, it is essential for institutions like Banco del Estado de Chile to establish clear climate goals and report on their emissions to contribute effectively to global climate efforts.
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 Estado de Chile 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.
