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Financial Intermediation
AR
updated 6 months ago

Banco Patagonia S.A.

Company website

Banco Patagonia S.A., a prominent financial institution headquartered in Argentina, has established itself as a key player in the banking sector since its founding in 1994. With a strong presence in major operational regions across the country, the bank offers a comprehensive range of services, including personal and corporate banking, investment solutions, and insurance products. Renowned for its customer-centric approach, Banco Patagonia distinguishes itself through innovative financial solutions tailored to meet the diverse needs of its clientele. The bank has achieved significant milestones, including expanding its branch network and enhancing digital banking capabilities, solidifying its market position as a trusted provider of financial services in Argentina. With a commitment to excellence and a focus on sustainable growth, Banco Patagonia continues to play a vital role in the Argentine banking landscape.

DitchCarbon Score

How does Banco Patagonia 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.

31

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.

28

Industry Benchmark

Banco Patagonia S.A.'s score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Banco Patagonia S.A.'s reported carbon emissions

Inherited from Banco do Brasil S.A.

Banco Patagonia S.A., headquartered in Argentina (AR), currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Banco do Brasil S.A., which influences its climate commitments and emissions reporting. As part of its climate strategy, Banco Patagonia S.A. inherits reduction initiatives and targets from Banco do Brasil S.A. at a cascade level of 1. However, there are no documented reduction targets or specific climate pledges available for Banco Patagonia S.A. at this time. The absence of direct emissions data and reduction targets highlights the need for further transparency and commitment to climate action within the banking sector. As a subsidiary, Banco Patagonia S.A. may align its strategies with the broader sustainability goals set by its parent company, Banco do Brasil S.A., which is actively engaged in climate initiatives. In summary, while specific emissions data and reduction targets for Banco Patagonia S.A. are not currently available, the organisation's climate commitments may be influenced by its relationship with Banco do Brasil S.A.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Patagonia S.A.'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. This request for Banco Patagonia S.A. is in AR, which has a medium grid carbon intensity relative to other regions.

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 Patagonia S.A. 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.

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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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