Banco Paris Sustainability Profile
Banco Paris, officially known as Banco Paris S.A., is a prominent financial institution headquartered in Santiago, Chile. Established in 1990, the bank has carved a niche in the retail banking sector, primarily serving the Chilean market with a focus on personal loans, credit cards, and savings accounts. With a commitment to innovation, Banco Paris offers unique financial products tailored to meet the diverse needs of its customers, including competitive interest rates and flexible repayment options. Over the years, the bank has achieved significant milestones, positioning itself as a trusted partner in personal finance. Recognised for its customer-centric approach, Banco Paris continues to strengthen its market presence, making it a key player in the Chilean banking industry.
DitchCarbon Score
How does Banco Paris'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 Paris's score of 51 is higher 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 Paris, headquartered in Chile, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not detailed, indicating a potential area for development in their sustainability strategy. However, it is important to note that Banco Paris is part of a corporate family that includes Scotiabank Chile S.A. and The Bank of Nova Scotia. Emissions data and climate performance may be influenced by these relationships, particularly as they cascade down from the parent company. The Bank of Nova Scotia, at the third cascade level, may provide insights into broader emissions strategies and targets. As of now, Banco Paris has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. This lack of publicly available data suggests that the bank may need to enhance its transparency and commitment to climate action in line with industry standards.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 125,053,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000.00 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Banco Paris's Industry?
How Carbon Intensive is Banco Paris's Location?
Banco Paris's Scope 3 Categories Breakdown
Banco Paris's Scope 3 emissions, which increased by 79% last year and increased by approximately 78% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 27% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 51% of Scope 3 emissions.
Top Scope 3 Categories
Banco Paris'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 Paris 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.
