Banco Ripley Sustainability Profile
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.
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 Ripley's score of 26 is lower than 55% 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 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 available data for Scope 1 emissions. Banco Ripley has not established specific reduction targets or initiatives as part of its climate commitments. The emissions data is cascaded from its parent company, Ripley Chile S.A., indicating a corporate family relationship that influences its environmental reporting. As a current subsidiary of Banco Ripley, the organisation's climate strategy may align with broader initiatives from its parent company, although specific details on such initiatives are not disclosed. Overall, Banco Ripley’s emissions profile highlights the significant impact of its Scope 3 emissions, which are critical for understanding its overall carbon footprint.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 70,860 |
| Scope 3 | 1,719,030 |
How Carbon Intensive is Banco Ripley's Industry?
How Carbon Intensive is Banco Ripley's Location?
Banco Ripley'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 Ripley 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.
