Banco Patagonia S.A. Sustainability Profile
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.
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 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.
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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.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,965,000 | 0,000,000 |
| Scope 2 | 2,000,000 | 0,000,000 |
| Scope 3 | 2,500,000 | 0,000,000 |
How Carbon Intensive is Banco Patagonia S.A.'s Industry?
How Carbon Intensive is Banco Patagonia S.A.'s Location?
Banco Patagonia 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 Patagonia 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.
