Public Profile

Ci Banco

Ci Banco, officially known as CIBanco, is a prominent financial institution headquartered in Mexico City, Mexico. Established in 2004, the bank has rapidly expanded its operations across key regions in Mexico, offering a diverse range of financial services tailored to meet the needs of both individual and corporate clients. Specialising in retail banking, investment services, and asset management, CIBanco distinguishes itself through innovative digital solutions and personalised customer service. The bank's commitment to sustainability and social responsibility further enhances its market position, making it a trusted choice for customers seeking ethical banking options. With a focus on growth and customer satisfaction, CIBanco continues to achieve notable milestones in the competitive Mexican banking landscape.

DitchCarbon Score

How does Ci Banco'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.

32

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.

13

Industry Benchmark

Ci Banco's score of 32 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

Ci Banco's reported carbon emissions

In 2023, Ci Banco reported total carbon emissions of approximately 2,188,000 kg CO2e, comprising 449,000 kg CO2e from Scope 1, 1,643,000 kg CO2e from Scope 2, and 794,000 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 1 emissions compared to 2022, where they were about 460,000 kg CO2e, while Scope 2 emissions rose significantly from 1,081,000 kg CO2e in 2022. Scope 3 emissions also increased from 557,000 kg CO2e in 2022. In 2022, the bank's total emissions were approximately 2,098,000 kg CO2e, with Scope 1 at 460,000 kg CO2e, Scope 2 at 1,081,000 kg CO2e, and Scope 3 at 557,000 kg CO2e. The trend shows a growing carbon footprint, particularly in Scope 2 and Scope 3 emissions, which include significant contributions from business travel and purchased goods and services. Despite the increase in emissions, Ci Banco has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments and strategies to address their emissions effectively.

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Add to project
2020202120222023
Scope 1
429,000
000,000
000,000
000,000
Scope 2
2,122,000
0,000,000
0,000,000
0,000,000
Scope 3
32,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ci Banco'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. Ci Banco is headquartered in MX, which has a rank of medium, indicating medium grid carbon 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.

Ci Banco 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers