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Financial Intermediation
CL
updated 17 days ago

Banco Ripley

Company website

Banco Ripley, officially known as Banco Ripley S.A., is a prominent financial institution headquartered in Santiago, Chile. Established in 1994, the bank has carved a niche in the retail banking sector, primarily serving customers in Chile and Peru. With a focus on consumer finance, Banco Ripley offers a range of products, including personal loans, credit cards, and savings accounts, distinguished by competitive interest rates and tailored customer service. Over the years, Banco Ripley has achieved significant milestones, including the expansion of its services through strategic partnerships and technological innovations. As a subsidiary of the Ripley Corporation, the bank benefits from a strong market position, leveraging its retail network to enhance customer accessibility. With a commitment to financial inclusion, Banco Ripley continues to play a vital role in the region's banking landscape.

DitchCarbon Score

How does Banco Ripley'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.

29

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.

30

Industry Benchmark

Banco Ripley's score of 29 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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Banco Ripley's reported carbon emissions

In 2022, Banco Ripley reported total carbon emissions of approximately 1,789,890 kg CO2e. This figure includes about 70,860 kg CO2e from Scope 2 emissions, while the majority, approximately 1,719,030 kg CO2e, falls under Scope 3 emissions. Notably, there is no reported data for Scope 1 emissions. As a current subsidiary of Banco Ripley, the emissions data is cascaded from the parent company, with specific contributions from Ripley Chile S.A. at a cascade level of 2. However, Banco Ripley has not established any specific reduction targets or climate pledges, indicating a potential area for future commitment in climate action. Overall, while Banco Ripley has significant emissions, the absence of reduction initiatives highlights the need for enhanced climate strategies to align with industry standards and expectations.

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2022
Scope 1
-
Scope 2
70,860
Scope 3
1,719,030

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Ripley'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 Ripley is in CL, 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 Ripley 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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