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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 38 is higher than 59% 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 2023, Banco Security reported total carbon emissions of approximately 309,024,000 kg CO2e. This figure includes Scope 1 emissions of about 4,840,000 kg CO2e, primarily from stationary combustion and fugitive emissions, and Scope 2 emissions of approximately 143,260,000 kg CO2e from purchased electricity. Additionally, Scope 3 emissions totalled around 160,924,000 kg CO2e, with significant contributions from capital goods and purchased goods and services. Banco Security has set ambitious climate commitments, aiming to reduce its operational emissions by 30% from a 2021 baseline by 2030. This target applies to both Scope 1 and Scope 2 emissions. Furthermore, the bank has developed a Climate Strategy to support the Chilean government's goal of achieving net zero emissions by 2060. The emissions data for Banco Security is cascaded from its parent company, Grupo Security S.A., reflecting a corporate commitment to sustainability and climate resilience. The bank's initiatives align with industry standards and demonstrate a proactive approach to addressing climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 141,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,112,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
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.
