COFIDE
COFIDE, or Corporación Financiera de Desarrollo, is a prominent financial institution headquartered in Peru. Established in 1991, COFIDE has played a pivotal role in fostering economic development across the country, particularly in the areas of project financing and investment. With a strong presence in the Andean region, the company focuses on providing tailored financial solutions to both public and private sectors. Specialising in development banking, COFIDE offers a range of services including credit facilities, guarantees, and advisory services. Its unique approach combines financial expertise with a commitment to sustainable development, making it a key player in Peru's economic landscape. Recognised for its contributions to infrastructure and social projects, COFIDE continues to enhance its market position through strategic partnerships and innovative financing models.
DitchCarbon Score
How does COFIDE'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
COFIDE's score of 24 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
COFIDE's reported carbon emissions
In 2020, COFIDE reported total carbon emissions of approximately 514,000,000 kg CO2e, with significant contributions from Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions were about 252,110,000 kg CO2e, while Scope 2 emissions totalled approximately 261,890,000 kg CO2e. Notably, there were no reported Scope 3 emissions for that year. The emissions data from previous years indicates a trend of increasing emissions, with 2019 showing total emissions of about 226,900,000 kg CO2e, primarily from Scope 1 (208,500,000 kg CO2e) and Scope 2 (19,740,000 kg CO2e). In 2018, COFIDE's emissions were approximately 159,410,000 kg CO2e, with Scope 1 emissions at 147,210,000 kg CO2e and Scope 2 at 12,220,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, COFIDE's commitment to measuring and reporting its carbon footprint reflects an awareness of its environmental impact. The company has not outlined any specific climate pledges or targets under the Science Based Targets initiative (SBTi), indicating a potential area for future development in their sustainability strategy. Overall, COFIDE's emissions data highlights the need for ongoing monitoring and potential action to address its carbon footprint, particularly in the context of global climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Scope 1 | 131,600,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 7,200,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 169,000,000 | - | - | - |
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.
COFIDE 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.
