Banco Pichincha S.A. Sustainability Profile
Banco Pichincha S.A., a prominent financial institution headquartered in Peru, has established itself as a key player in the banking industry since its founding in 1906. With a strong presence in major operational regions across Latin America, the bank offers a diverse range of services, including retail banking, corporate finance, and investment solutions. Renowned for its commitment to innovation, Banco Pichincha provides unique products tailored to meet the needs of both individual and business clients. The bank's focus on customer-centric solutions has earned it a solid market position, making it a trusted choice for financial services in the region. With a rich history and a dedication to excellence, Banco Pichincha continues to shape the future of banking in Peru and beyond.
DitchCarbon Score
How does Banco Pichincha 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 Pichincha S.A.'s score of 30 is higher than 54% 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 Pichincha S.A., headquartered in Peru, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Banco Pichincha C.A., which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or climate pledges from Banco Pichincha S.A., it is important to note that emissions data and performance metrics may be inherited from its parent company, Banco Pichincha C.A. This cascading of data suggests that any climate commitments or emissions reductions may align with the broader strategies of the parent organisation. As of now, Banco Pichincha S.A. has not established specific science-based targets (SBTi) or other industry-standard reduction initiatives. The lack of reported emissions data highlights a potential area for improvement in transparency and accountability regarding climate impact. In summary, while Banco Pichincha S.A. does not currently provide specific emissions data or reduction targets, its relationship with Banco Pichincha C.A. may play a crucial role in shaping its future climate commitments and performance.
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| 2017 | 2022 | |
|---|---|---|
| Scope 1 | - | 000,000 |
| Scope 2 | 6,935.85 | 0,000,000 |
| Scope 3 | - | 000,000 |
How Carbon Intensive is Banco Pichincha S.A.'s Industry?
How Carbon Intensive is Banco Pichincha S.A.'s Location?
Banco Pichincha S.A.'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 24% of total emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
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Banco Pichincha 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 Pichincha S.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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