Banco Guayaquil
Banco Guayaquil, officially known as Banco Guayaquil S.A., is a prominent financial institution headquartered in Ecuador. Established in 1923, the bank has grown to become a key player in the Ecuadorian banking sector, with a strong presence in major regions across the country. Specialising in retail and corporate banking, Banco Guayaquil offers a diverse range of products and services, including savings accounts, loans, and investment solutions. Its commitment to innovation and customer service sets it apart in a competitive market. With a solid reputation for reliability and efficiency, Banco Guayaquil has achieved significant milestones, including the expansion of its digital banking services, which cater to the evolving needs of its clientele. As one of the leading banks in Ecuador, it continues to play a vital role in the nation’s economic development.
DitchCarbon Score
How does Banco Guayaquil'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.
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.
Industry Benchmark
Banco Guayaquil's score of 11 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Guayaquil's reported carbon emissions
In 2022, Banco Guayaquil reported total carbon emissions of approximately 1,775,200 kg CO2e, comprising 681,600 kg CO2e from Scope 1 and 1,093,500 kg CO2e from Scope 2 emissions. This marked a continued reduction from previous years, with total emissions decreasing from about 2,339,700 kg CO2e in 2019 to 1,775,200 kg CO2e in 2022. The bank's emissions have shown a downward trend, with total emissions of approximately 2,079,000 kg CO2e in 2020 and about 1,925,000 kg CO2e in 2021. This indicates a significant commitment to reducing their carbon footprint over the years. Despite the positive trend in emissions reduction, Banco Guayaquil has not publicly disclosed specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). Their climate commitments remain vague, with no documented reduction targets or climate pledges available. Overall, Banco Guayaquil's efforts reflect a growing awareness of climate impact, but further transparency regarding their long-term climate strategy and specific reduction goals would enhance their commitment to sustainability.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 531,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,808,800 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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 Guayaquil is committed to some 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.
