Banistmo S.A. Sustainability Profile
Banistmo S.A., a prominent financial institution headquartered in Panama (PA), has been a key player in the banking sector since its establishment in 1997. With a strong presence across Central America and the Caribbean, Banistmo offers a diverse range of banking services, including retail banking, corporate finance, and investment solutions. The bank is renowned for its innovative products, such as personalised financial services and digital banking platforms, which cater to the evolving needs of its clients. Banistmo's commitment to customer satisfaction and operational excellence has solidified its position as a leading bank in the region. Over the years, the institution has achieved significant milestones, enhancing its reputation and market share within the competitive financial landscape.
DitchCarbon Score
How does Banistmo S.A.'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
Banistmo S.A.'s score of 37 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banistmo S.A., headquartered in Panama (PA), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Bancolombia S.A., which influences its climate commitments and emissions reporting. As part of its climate strategy, Banistmo S.A. inherits reduction initiatives and targets from its parent company, Bancolombia S.A. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at enhancing transparency and accountability in emissions reduction efforts. However, specific reduction targets or achievements for Banistmo S.A. have not been disclosed. While no absolute emissions figures are provided, the company's commitment to sustainability aligns with industry standards, reflecting a broader trend among financial institutions to address climate change. Banistmo S.A. is expected to follow the initiatives set forth by Bancolombia S.A. in its pursuit of reducing its carbon footprint and contributing to global climate goals.
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| 2010 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 650,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 27,559,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
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Banistmo S.A.'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.
Banistmo S.A. 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.
