Public Profile

Banco Itaú Chile

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.

DitchCarbon Score

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.

26

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.

26

Industry Benchmark

Banco Itaú Chile's score of 26 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

Banco Itaú Chile's reported carbon emissions

In 2022, Banco Itaú Chile reported total carbon emissions of approximately 4,953,000 kg CO2e. This figure includes Scope 1 emissions of about 231,000 kg CO2e and Scope 2 emissions of approximately 3,953,000 kg CO2e. The bank's Scope 3 emissions were significant, with contributions from employee commuting (about 3,772,000 kg CO2e), business travel (approximately 646,000 kg CO2e), and waste generated in operations (around 776,000 kg CO2e). Over the years, Banco Itaú Chile has demonstrated a commitment to reducing its carbon footprint. From 2019 to 2022, the bank has made notable reductions in its emissions, particularly in Scope 2, which decreased from about 7,894,000 kg CO2e in 2019 to approximately 3,953,000 kg CO2e in 2022. However, there are currently no specific reduction targets or climate pledges disclosed by the bank. Overall, Banco Itaú Chile's emissions data reflects a proactive approach to managing its environmental impact, although further commitments and targets would enhance its climate strategy.

Unlock detailed emissions data

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

2019202020212022
Scope 1
273,000
000,000
000,000
000,000
Scope 2
7,894,000
0,000,000
0,000,000
0,000,000
Scope 3
6,873,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Itaú Chile'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. Banco Itaú Chile is headquartered in CL, which has a rank of medium, indicating medium grid carbon 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 Itaú Chile is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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