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 25 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
COFIDE's reported carbon emissions
As of 2020, COFIDE reported total carbon emissions of approximately 514,000,000 kg CO2e. This figure includes about 252,110,000 kg CO2e from Scope 1 emissions and approximately 261,890,000 kg CO2e from Scope 2 emissions. Notably, there were no reported Scope 3 emissions for that year. In the preceding years, COFIDE's emissions fluctuated, with total emissions of about 180,008,000 kg CO2e in 2019, 190,107,000 kg CO2e in 2018, and 188,799,000 kg CO2e in 2017. The Scope 1 emissions peaked in 2019 at approximately 208,500,000 kg CO2e, while Scope 2 emissions reached about 19,740,000 kg CO2e in the same year. Despite these figures, COFIDE has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As COFIDE is headquartered in Peru, it operates within a global context that increasingly prioritises sustainability and carbon neutrality.
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Add to project| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Scope 1 | 131,600,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 126,818,000 | 000,000,000 | 000,000,000 | 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 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.
