Public Profile

Banco Falabella

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.

23

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.

27

Industry Benchmark

Banco Falabella's score of 23 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Banco Falabella's reported carbon emissions

Banco Falabella, headquartered in Chile (CL), currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This lack of information suggests that the bank may still be in the early stages of formalising its climate commitments or reporting on its carbon footprint. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate action, often setting science-based targets to reduce their carbon emissions across various scopes. Without specific data or commitments from Banco Falabella, it is challenging to assess their current environmental impact or future climate strategies.

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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