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Financial Intermediation
AR
updated 6 months ago

Bibank S.A.

Company website

Bibank S.A., a prominent financial institution headquartered in Argentina, has established itself as a key player in the banking sector since its inception. With a focus on retail and corporate banking, Bibank operates primarily in the Argentine market, offering a range of services tailored to meet the diverse needs of its clientele. Founded in the early 2000s, Bibank has achieved significant milestones, including the expansion of its digital banking services, which set it apart in a competitive landscape. The bank's core offerings include personal loans, savings accounts, and investment products, all designed with customer-centric features that enhance user experience. Recognised for its innovative approach, Bibank S.A. continues to strengthen its market position, earning accolades for its commitment to financial inclusion and customer service excellence.

DitchCarbon Score

How does Bibank 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.

20

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.

28

Industry Benchmark

Bibank S.A.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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Bibank S.A.'s reported carbon emissions

Bibank S.A., headquartered in Argentina (AR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a current subsidiary, Bibank S.A. may inherit climate commitments and emissions data from its parent organisation; however, no specific details regarding these cascaded data points are available. The lack of reported emissions and reduction initiatives suggests that Bibank S.A. is still in the early stages of developing its climate strategy or may rely on broader corporate family commitments. In the context of the financial industry, it is increasingly important for institutions like Bibank S.A. to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific data or initiatives, the organisation may face challenges in demonstrating its commitment to reducing carbon emissions and addressing climate change effectively.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bibank S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bibank S.A. is in AR, which has a medium grid carbon intensity relative to other regions.

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.

Bibank S.A. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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