Banco Promerica, S.A Sustainability Profile
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 89% 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, 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.
How Carbon Intensive is Banco Promerica, S.A's Industry?
How Carbon Intensive is Banco Promerica, S.A's Location?
Banco Promerica, 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 Promerica, 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.
