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.
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 Itaú Chile's score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Itaú Chile's reported carbon emissions
In 2023, Banco Itaú Chile reported total carbon emissions of approximately 8,000,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 197,000 kg CO2e from fugitive emissions, 59,000 kg CO2e from stationary combustion, and 5,000 kg CO2e from mobile combustion. Scope 2 emissions were reported at approximately 7,811,000 kg CO2e (market-based), while Scope 3 emissions totalled around 1,570,000 kg CO2e, primarily from business travel (942,000 kg CO2e) and waste generated in operations (628,000 kg CO2e). Banco Itaú Chile has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. The bank's emissions data is cascaded from its parent company, Banco Itaú, reflecting a corporate family relationship. This data is crucial for understanding the bank's overall environmental impact and commitment to addressing climate change. The bank's emissions intensity metrics indicate approximately 14.54 kg CO2e per active customer when considering all scopes, highlighting the need for ongoing efforts to reduce emissions in line with industry standards.
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| 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 |
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 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.
