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 92% 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 Estado de Chile's reported carbon emissions
As of 2017, Banco del Estado de Chile reported no specific carbon emissions data, indicating a lack of disclosed emissions figures across all scopes (Scope 1, 2, and 3). The absence of emissions data suggests that the bank has not yet established a comprehensive framework for measuring its carbon footprint. In terms of climate commitments, there are currently no documented reduction targets or initiatives from Banco del Estado de Chile. This lack of defined goals may reflect an opportunity for the bank to enhance its sustainability efforts and align with industry standards for climate action. Overall, while Banco del Estado de Chile has not provided specific emissions data or reduction commitments, the financial sector increasingly recognises the importance of addressing climate change, and the bank may benefit from developing a robust strategy to measure and reduce its carbon emissions in the future.
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 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.
