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Public Profile
Financial Intermediation
AR
updated 8 months ago

Banco del Tucumán SA Sustainability Profile

Company website

Banco del Tucumán SA, commonly referred to as Banco Tucumán, is a prominent financial institution headquartered in Argentina. Established in 1886, the bank has a rich history and has played a significant role in the economic development of the Tucumán province and surrounding regions. Operating primarily in the banking and financial services industry, Banco Tucumán offers a diverse range of products, including personal and business loans, savings accounts, and investment services. Its commitment to customer service and tailored financial solutions sets it apart in a competitive market. With a strong presence in the northwestern region of Argentina, Banco del Tucumán SA has established itself as a reliable partner for individuals and businesses alike, contributing to its reputation as a key player in the local banking sector.

DitchCarbon Score

How does Banco del Tucumán SA'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.

39

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.

29

Industry Benchmark

Banco del Tucumán SA's score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Banco del Tucumán SA's reported carbon emissions

Inherited from Banco Macro S.A.

Banco del Tucumán SA, headquartered in Argentina (AR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that emissions data and climate performance may be inherited from its parent company, Banco Macro S.A., which is a merged entity. This relationship may influence Banco del Tucumán SA's future climate strategies and reporting practices. As of now, without specific emissions data or reduction targets, Banco del Tucumán SA's climate commitments remain unclear. The bank may benefit from aligning with industry standards and setting measurable targets to enhance its sustainability profile in the financial sector.

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Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
203,160
000,000
0,000
Scope 2
6,025,810
0,000,000
-
Scope 3
20,770
000,000
00,000

How Carbon Intensive is Banco del Tucumán SA's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco del Tucumán SA'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.

How Carbon Intensive is Banco del Tucumán SA's Location?

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 Tucumán SA is in AR, which has a low grid carbon intensity relative to other regions.

Banco del Tucumán SA's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Banco del Tucumán SA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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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