Banco Security
Banco Security, officially known as Banco Security S.A., is a prominent financial institution headquartered in Santiago, Chile. Established in 1997, the bank has carved a niche in the Chilean banking sector, focusing primarily on retail and corporate banking services. With a strong presence in major urban regions, Banco Security offers a range of unique financial products, including personal loans, investment services, and tailored corporate solutions. Recognised for its commitment to customer service and innovation, Banco Security has achieved significant milestones, including the expansion of its digital banking platform. The bank's strategic approach has positioned it as a reliable choice for both individual and business clients, contributing to its reputation as a trusted player in the Chilean financial landscape.
DitchCarbon Score
How does Banco Security'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 Security's score of 26 is higher than 69% 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 Security's reported carbon emissions
In 2022, Banco Security reported total carbon emissions of approximately 2,200,000 kg CO2e. This figure includes emissions from various scopes: Scope 1 emissions were about 79,000 kg CO2e, primarily from fugitive emissions, while Scope 2 emissions from purchased electricity accounted for approximately 1,924,000 kg CO2e. Scope 3 emissions totalled around 2,000,000 kg CO2e, with significant contributions from business travel (about 853,000 kg CO2e) and employee commuting (approximately 1,475,000 kg CO2e). Over the years, Banco Security has demonstrated a commitment to reducing its carbon footprint. In 2021, the bank's total emissions were about 3,030,000 kg CO2e, indicating a reduction in emissions by approximately 830,000 kg CO2e by 2022. This trend of decreasing emissions is evident from previous years as well, with total emissions of about 3,051,000 kg CO2e in 2020 and 4,613,000 kg CO2e in 2019. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Banco Security. The bank has reported emissions across all three scopes, highlighting its awareness of the broader impact of its operations on climate change. As it continues to navigate its environmental responsibilities, further commitments may be anticipated in the future.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 246,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 3,651,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 715,000 | 000,000 | 000,000 | 0,000,000 |
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 Security 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.
