Banco del Pacífico
Banco del Pacífico, a prominent financial institution headquartered in Ecuador, has been a cornerstone of the banking industry since its establishment in 1972. With a strong presence across major operational regions in the country, it offers a diverse range of services, including personal and commercial banking, investment solutions, and insurance products. Renowned for its innovative approach, Banco del Pacífico stands out with unique offerings such as digital banking solutions and tailored financial products designed to meet the needs of its clients. Over the years, the bank has achieved significant milestones, solidifying its market position as one of Ecuador's leading banks. With a commitment to customer service and financial inclusion, Banco del Pacífico continues to play a vital role in the economic development of the region.
DitchCarbon Score
How does Banco del Pacífico'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 Pacífico's score of 7 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco del Pacífico's reported carbon emissions
In 2020, Banco del Pacífico reported total carbon emissions of approximately 2,971,000 kg CO2e across various scopes. Specifically, their emissions included about 3,471,000 kg CO2e from Scope 1, approximately 2,926,000 kg CO2e from Scope 2, and significant contributions from Scope 3, including 1,200,000 kg CO2e from purchased goods and services, 300,000 kg CO2e from waste generated in operations, and 800,000 kg CO2e from fuel and energy-related activities. The bank's emissions have shown a downward trend over the years. For instance, in 2019, total emissions were about 3,030,000 kg CO2e, with Scope 1 emissions at approximately 3,675,000 kg CO2e and Scope 2 at around 3,005,000 kg CO2e. This indicates a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Banco del Pacífico has not established formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests that while they are aware of their emissions, they may still be in the early stages of formalising their climate commitments. Overall, the bank's emissions data reflects a growing awareness of climate impact, but further commitments and strategies may be necessary to enhance their sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Scope 1 | 5,488,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,754,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,495,000 | - | 000,000 | 000,000 | 0,000,000 |
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 Pacífico is committed to some 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.
