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 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Security's reported carbon emissions
In 2022, Banco Security reported total carbon emissions of approximately 3,000,000 kg CO2e, comprising various scopes of emissions. The breakdown includes Scope 1 emissions of about 79,000 kg CO2e from fugitive emissions and 3,000 kg CO2e from mobile combustion. Scope 2 emissions from purchased electricity were approximately 1,924,000 kg CO2e. Additionally, Scope 3 emissions included about 853,000 kg CO2e from business travel, 1,475,000 kg CO2e from employee commuting, and 113,000 kg CO2e from waste generated in operations. Over the years, Banco Security has demonstrated a commitment to reducing its carbon footprint. Notably, from 2019 to 2022, the bank has made significant strides in reducing its Scope 2 emissions, which decreased from approximately 3,609,000 kg CO2e in 2019 to 1,924,000 kg CO2e in 2022. However, there are currently no specific reduction targets or climate pledges disclosed by the bank. Overall, Banco Security's emissions data reflects a proactive approach to managing its environmental impact, although further commitments and targets would enhance its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 141,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 3,609,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,112,000 | 0,000,000 | 0,000,000 | 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 committed to any reduction initiatives 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.
