Banco del Sol S.A., headquartered in Argentina, is a prominent player in the financial services industry, specialising in retail and corporate banking. Established in 1995, the bank has steadily expanded its operations across major regions in Argentina, offering a diverse range of financial products and services tailored to meet the needs of individuals and businesses alike. The bank's core offerings include personal loans, savings accounts, and investment services, distinguished by their competitive interest rates and customer-centric approach. Banco del Sol S.A. has achieved significant milestones, positioning itself as a trusted financial partner with a strong market presence. Its commitment to innovation and customer satisfaction has earned it recognition within the industry, making it a key contender in Argentina's banking landscape.
How does Banco del Sol S.A.'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.
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.
Banco del Sol S.A.'s score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Banco del Sol S.A. reported total carbon emissions of approximately 4,521,640 kg CO2e, which includes 2,884,630 kg CO2e from Scope 1 emissions and 1,637,010 kg CO2e from Scope 2 emissions. Additionally, the bank's Scope 3 emissions comprised 362,470 kg CO2e from business travel, 132,040 kg CO2e from purchased goods and services, and 90 kg CO2e from waste generated in operations. Despite these figures, Banco del Sol S.A. has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate commitments or science-based targets indicates a potential area for improvement in their sustainability strategy. The bank's energy consumption intensity was reported at approximately 3,170.48 kWh per employee, reflecting their operational energy use. As a financial institution headquartered in Argentina, Banco del Sol S.A. operates within an industry increasingly focused on climate action and sustainability, highlighting the importance of establishing clear emissions reduction goals to align with global climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 2,884,630 |
Scope 2 | 1,637,010 |
Scope 3 | 494,600 |
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 Sol S.A. 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.