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 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Credicorp reported total carbon emissions of approximately 36,737,000 kg CO2e, with Scope 1 emissions at about 5,041,000 kg CO2e, Scope 2 emissions (market-based) at approximately 36,737,430 kg CO2e, and Scope 3 emissions at around 27,590,000 kg CO2e. This represents a significant reduction from 2023, where total emissions were about 44,219,000 kg CO2e, with Scope 1 at 2,323,000 kg CO2e, Scope 2 (market-based) at approximately 44,897,250 kg CO2e, and Scope 3 at about 25,715,000 kg CO2e. Credicorp has set ambitious climate commitments, aiming to remain carbon neutral for both Scope 1 and Scope 2 emissions by 2050. In the near term, they achieved a 19% reduction in market-based Scope 2 emissions, decreasing from approximately 16,181,000 kg CO2e in 2023 to about 4,106,000 kg CO2e in 2024 through the purchase of renewable energy certificates (RECs). The company’s emissions data is sourced directly from Credicorp Ltd., with no cascaded data from parent or related organizations. Credicorp's ongoing efforts reflect a commitment to sustainability and responsible environmental stewardship, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 21,054,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 
| Scope 2 | 15,647,470 | 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 | 
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Credicorp has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
