Banco Mundo Mujer S.A. Sustainability Profile
Banco Mundo Mujer S.A., commonly referred to as BMM, is a prominent financial institution headquartered in Colombia. Established in 2006, the bank has made significant strides in the microfinance sector, primarily serving women entrepreneurs across various regions in the country. BMM focuses on empowering its clients through tailored financial products, including microloans, savings accounts, and financial education services. What sets Banco Mundo Mujer apart is its commitment to fostering economic independence among women, making it a leader in social impact finance. With a strong market position, BMM has garnered recognition for its innovative approach to microfinance, contributing to the financial inclusion of underserved communities. The bank continues to expand its reach, solidifying its role as a catalyst for change in Colombia's economic landscape.
DitchCarbon Score
How does Banco Mundo Mujer S.A.'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 Mundo Mujer S.A.'s score of 23 is lower than 71% 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 Mundo Mujer S.A.'s reported carbon emissions
Banco Mundo Mujer S.A., headquartered in Colombia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a current subsidiary, Banco Mundo Mujer S.A. may inherit climate commitments and data from its parent organisation; however, no specific details regarding such cascaded data have been provided. This lack of emissions reporting and reduction initiatives suggests that the bank may still be in the early stages of developing its climate strategy. In the broader context of the financial sector, many institutions are increasingly focusing on sustainability and carbon neutrality, often setting ambitious targets to reduce their carbon footprints. It remains to be seen how Banco Mundo Mujer S.A. will align with these industry trends in the future.
How Carbon Intensive is Banco Mundo Mujer S.A.'s Industry?
How Carbon Intensive is Banco Mundo Mujer S.A.'s Location?
Banco Mundo Mujer S.A.'s Climate Goals (2030 & 2050)
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 Mundo Mujer S.A. 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.
