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 35 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Banco Itaú Chile reported total carbon emissions of approximately 747,364 kg CO2e, comprising 745,000 kg CO2e from Scope 1 and 2,364 kg CO2e from Scope 2 emissions. The previous year, 2023, the bank's total emissions were approximately 695,692 kg CO2e, with Scope 1 emissions at 693,000 kg CO2e and Scope 2 at 2,692 kg CO2e. For the Chilean operations in 2023, the total emissions reached approximately 13,247,000 kg CO2e, with Scope 1 emissions at 261,000 kg CO2e, Scope 2 emissions at 7,811,000 kg CO2e, and Scope 3 emissions at approximately 5,175,000 kg CO2e. Banco Itaú Chile has not disclosed specific reduction targets or initiatives as part of its climate commitments. The emissions data is cascaded from the parent company, Banco Itaú Chile, indicating a corporate family relationship. The bank's commitment to addressing climate change is evident, although specific reduction strategies or targets have not been outlined in the available data.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 317,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,972,000 | 0,000 | 0,000 | 0,000 | 0,000 |
| Scope 3 | 10,571,000 | - | - | - | - |
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 59% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 26% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Itaú Chile has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.


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