Banco Promerica, S.A
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.
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 Promerica, S.A's score of 17 is lower than 94% 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 Promerica, S.A's reported carbon emissions
In 2023, Banco Promerica, S.A. reported carbon intensity metrics related to its portfolios, although specific total emissions data in kg CO2e was not disclosed. The bank's carbon intensity for its mortgages portfolio is approximately 2790.0 kg CO2e per square metre, while the carbon intensity for its vehicle loans portfolio is about 0.19617 kg CO2e per kilometre. Notably, there were no emissions reported for the power generation portfolio, indicating a potential focus on renewable energy sources. Currently, Banco Promerica has not established any formal reduction targets or climate pledges, which may reflect a broader industry context where financial institutions are increasingly pressured to disclose and reduce their carbon footprints. The absence of specific Scope 1, 2, or 3 emissions data suggests that the bank may still be in the early stages of developing comprehensive climate commitments. As the financial sector evolves, it is likely that Banco Promerica will need to enhance its climate strategy to align with global sustainability goals.
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 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.
