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Financial Intermediation
SV
updated 11 days ago

Banco Promerica, S.A

Company website

Banco Promerica, S.A., a prominent financial institution headquartered in San Salvador, El Salvador, has been a key player in the banking sector since its establishment in 1998. With a strong presence across Central America, including countries like Guatemala, Honduras, and Nicaragua, Banco Promerica offers a diverse range of financial services tailored to meet the needs of individuals and businesses alike. Specialising in retail banking, corporate banking, and investment services, the bank is recognised for its innovative products, such as personalised credit solutions and digital banking platforms. Banco Promerica's commitment to customer service and community development has solidified its position as a trusted financial partner in the region. With a focus on sustainable growth and financial inclusion, the bank continues to achieve notable milestones, enhancing its reputation in the competitive banking landscape.

DitchCarbon Score

How does Banco Promerica, 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.

17

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 Promerica, S.A's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

12%

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Banco Promerica, S.A's reported carbon emissions

In 2023, Banco Promerica, S.A, headquartered in El Salvador (SV), reported carbon intensity metrics for its various portfolios, although specific total emissions data in kg CO2e was not disclosed. The carbon intensity for the mortgages portfolio was approximately 2790.0 kg CO2e per square metre, while the carbon intensity for the vehicle loans portfolio was about 0.19617 kg CO2e per kilometre. Notably, the power generation portfolio reported a carbon intensity of 0.0 kg CO2e per megawatt-hour, indicating no emissions associated with this category. Banco Promerica has not set specific reduction targets or climate pledges, and there are no disclosed initiatives aimed at reducing emissions. The organisation's emissions data is cascaded from its corporate family, specifically from Banco Promerica, S.A, indicating a current subsidiary relationship. Overall, while Banco Promerica provides some insights into its carbon intensity, it lacks comprehensive emissions data and defined climate commitments, reflecting a broader industry context where financial institutions are increasingly expected to disclose and act on their environmental impact.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Promerica, 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 Promerica, S.A is in SV, 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 Promerica, 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

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Where does DitchCarbon data come from?

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