Public Profile

Credicorp

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.

DitchCarbon Score

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.

7

Industry Average

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.

9

Industry Benchmark

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.

78%

Credicorp's reported carbon emissions

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.

Unlock detailed emissions data

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Add to project
2017201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Credicorp's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Credicorp is headquartered in PE, which has a rank of medium, indicating medium grid carbon 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers