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Financial Intermediation
AR
updated 2 months ago

Banco del Sol S.A.

Company website

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.

DitchCarbon Score

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.

28

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.

28

Industry Benchmark

Banco del Sol S.A.'s score of 28 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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Banco del Sol S.A.'s reported carbon emissions

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, Scope 3 emissions accounted for 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 established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, Banco del Sol S.A., reflecting its current subsidiary status. The bank's energy consumption intensity was reported at approximately 3,170.48 kWh per employee in 2022, highlighting its operational energy use. As of now, there are no publicly available climate pledges or commitments to further reduce emissions.

Unlock detailed emissions data

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2022
Scope 1
2,884,630
Scope 2
1,637,010
Scope 3
494,600

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco del Sol S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banco del Sol S.A. is in AR, which has a medium grid carbon intensity relative to other regions.

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 Sol S.A. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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