Banco Itaú Chile, a prominent player in the Chilean banking sector, is headquartered in Santiago, Chile (CL). Established in 1976, the bank has evolved significantly, becoming a key provider of financial services in the region. It operates primarily in retail banking, corporate banking, and investment services, catering to a diverse clientele. The bank offers a range of core products, including personal and business loans, credit cards, and investment solutions, distinguished by their customer-centric approach and innovative digital platforms. Banco Itaú Chile is recognised for its strong market position, consistently ranking among the top banks in the country, and has received accolades for its commitment to sustainability and financial inclusion. With a focus on leveraging technology, Banco Itaú Chile continues to enhance its service offerings, ensuring it meets the evolving needs of its customers.
How does Banco Itaú Chile'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.
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.
Banco Itaú Chile's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Banco Itaú Chile reported total carbon emissions of approximately 8,000,000 kg CO2e across all scopes. This includes 261,000 kg CO2e from Scope 1 emissions, which consist of mobile combustion (5,000 kg CO2e), fugitive emissions (197,000 kg CO2e), and stationary combustion (59,000 kg CO2e). Scope 2 emissions were reported at about 2,155,000 kg CO2e, while Scope 3 emissions accounted for approximately 7,750,000 kg CO2e, with significant contributions from employee commuting (3,055,000 kg CO2e) and business travel (942,000 kg CO2e). Banco Itaú Chile has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. The emissions data is cascaded from its parent company, Banco Itaú, reflecting a corporate family relationship. The bank's commitment to reducing its carbon footprint is evident, although specific initiatives or targets have not been disclosed. Overall, Banco Itaú Chile's emissions profile highlights the importance of addressing both direct and indirect emissions as part of its climate strategy, particularly in the context of its operational footprint in Chile.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 317,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 6,972,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 10,571,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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 Itaú Chile 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.