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.
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
Ci Banco's score of 22 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ci Banco's reported carbon emissions
In 2021, Ci Banco reported total carbon emissions of approximately 2,105,000 kg CO2e, comprising 436,000 kg CO2e from Scope 1, 1,089,000 kg CO2e from Scope 2, and 571,000 kg CO2e from Scope 3. This data reflects their global operations, with similar figures reported for their Mexico operations. Ci Banco has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. Notably, they achieved a significant reduction in Scope 2 emissions, decreasing from 2,122,000 kg CO2e in 2020 to 1,089,000 kg CO2e in 2021, representing a 49% reduction. The emissions data is cascaded from their parent organization, CIBanco, S. A., Institución de Banca Múltiple, indicating a structured approach to climate accountability within their corporate family.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 429,000 | 000,000 |
| Scope 2 | 2,122,000 | 0,000,000 |
| Scope 3 | 32,000 | 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.
Ci Banco 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.
