Banco Pichincha
Banco Pichincha, officially known as Banco Pichincha C.A., is a prominent financial institution headquartered in Ecuador (EC). Established in 1906, it has grown to become one of the largest banks in the country, with a significant presence in various regions across Latin America. The bank operates primarily in the banking and financial services industry, offering a diverse range of products including personal and business loans, savings accounts, and investment services. What sets Banco Pichincha apart is its commitment to innovation and customer service, making it a trusted choice for individuals and businesses alike. Over the years, the bank has achieved notable milestones, including expanding its operations internationally and embracing digital banking solutions. With a strong market position, Banco Pichincha continues to play a vital role in the economic development of Ecuador and beyond.
DitchCarbon Score
How does Banco Pichincha'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 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 Pichincha's score of 21 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Pichincha's reported carbon emissions
In 2022, Banco Pichincha reported total carbon emissions of approximately 1,357,350 kg CO2e, comprising 238,450 kg CO2e from Scope 1, 2,507,270 kg CO2e from Scope 2, and 868,630 kg CO2e from Scope 3 emissions. Over the years, the bank has shown fluctuations in its emissions, with notable figures from previous years including 2021's total of about 6,000,640 kg CO2e and 2020's total of approximately 5,000,000 kg CO2e. The bank has not publicly committed to specific reduction targets or initiatives, nor does it appear to have set Science-Based Targets Initiative (SBTi) reduction targets. However, it continues to disclose its emissions data across all relevant scopes, indicating a level of transparency in its climate impact reporting. Banco Pichincha's emissions profile highlights the importance of addressing both direct (Scope 1) and indirect (Scope 2 and 3) emissions, particularly in the context of the financial sector's growing focus on sustainability and climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 130,390 | 000,000 | 0,000,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 8,474,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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 Pichincha is committed to some reduction initiatives 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.
