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Financial Intermediation
CL
updated 7 days ago

Banco Falabella

Company website

Banco Falabella, officially known as Banco Falabella S.A., is a prominent financial institution headquartered in Santiago, Chile. Established in 1998, the bank has rapidly expanded its operations across Latin America, particularly in Chile, Peru, Colombia, and Argentina. As a key player in the banking industry, Banco Falabella offers a diverse range of services, including personal and commercial banking, credit cards, and insurance products. What sets Banco Falabella apart is its integration with the Falabella retail ecosystem, providing customers with unique financial solutions tailored to their shopping experiences. The bank has achieved significant milestones, including a strong market position as one of the leading retail banks in the region, recognised for its innovative digital banking services and customer-centric approach. With a commitment to excellence, Banco Falabella continues to shape the financial landscape in Latin America.

DitchCarbon Score

How does Banco Falabella'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.

45

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 Falabella's score of 45 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Banco Falabella's reported carbon emissions

Inherited from Falabella S.A.

Banco Falabella, headquartered in Chile (CL), currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank's climate commitments and reduction initiatives are also not detailed, with no specific targets or pledges outlined in the provided information. It is important to note that Banco Falabella is a current subsidiary of Falabella S.A., and any potential emissions data or climate initiatives may be inherited from this parent company. However, the details regarding emissions or reduction targets from Falabella S.A. have not been disclosed in the available data. As a part of the financial sector, Banco Falabella is expected to align with industry standards for climate action, which typically include commitments to reduce greenhouse gas emissions and enhance sustainability practices. However, without specific data or commitments, it is challenging to assess their current environmental impact or future goals.

Unlock detailed emissions data

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

2018201920202021202220232024
Scope 1
14,680
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
41,851
00,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
Scope 3
78,817
000,000,000
0,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Falabella'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 Falabella is in CL, 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 Falabella 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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