Banco del Estado de Chile

Banco del Estado de Chile's reported carbon emissions

In 2021, Banco del Estado de Chile reported total carbon emissions of approximately 25,647 kg CO2e, comprising Scope 1 emissions of 2,306 kg CO2e, Scope 2 emissions of 16,361 kg CO2e, and Scope 3 emissions of 9,980 kg CO2e. The Scope 3 emissions included significant contributions from employee commuting (6,870 kg CO2e), waste generated in operations (1,266 kg CO2e), and upstream transportation and distribution (1,758 kg CO2e). Despite these emissions, Banco del Estado de Chile has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of its own operations. As the bank continues to navigate its environmental impact, it remains crucial for Banco del Estado de Chile to establish clear climate commitments and reduction strategies to align with global sustainability goals.