Credicorp Ltd., headquartered in Peru (PE), is a leading financial services holding company with a strong presence across Latin America. Founded in 1995, Credicorp has established itself as a key player in the banking and insurance sectors, primarily through its subsidiaries, including Banco de Crédito del Perú and Grupo Pacifico. The company offers a diverse range of products and services, including retail and corporate banking, asset management, and insurance solutions, distinguished by their customer-centric approach and innovative technology. Credicorp's commitment to excellence has earned it a prominent market position, making it one of the largest financial institutions in the region. With a focus on sustainable growth and financial inclusion, Credicorp continues to achieve significant milestones, reinforcing its reputation as a trusted partner in the financial landscape of Latin America.
How does Credicorp'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.
Mean score of companies in the Business Services 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.
Credicorp's score of 7 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Credicorp reported total carbon emissions of approximately 25,563,830 kg CO2e, comprising 2,456,160 kg CO2e from Scope 1, 16,877,260 kg CO2e from Scope 2, and 25,563,830 kg CO2e from Scope 3 emissions. This indicates a continued reliance on both direct and indirect emissions sources, with significant contributions from business travel and employee commuting. Over the years, Credicorp has shown fluctuations in its emissions. For instance, in 2021, the total emissions were about 13,271,540 kg CO2e, with Scope 1 and 2 emissions at approximately 10,177,900 kg CO2e. In 2020, the total emissions were around 12,918,380 kg CO2e, with Scope 1 emissions at 1,631,980 kg CO2e and Scope 2 at 11,312,500 kg CO2e. Despite these figures, there are currently no specified reduction targets or climate pledges documented for Credicorp. The absence of formal commitments suggests a need for enhanced climate action strategies within the organisation. As a financial institution headquartered in Peru, Credicorp's emissions profile reflects broader industry challenges in addressing climate change and transitioning towards sustainable practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 21,053,620 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 19,752,140 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Credicorp 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.