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Public Profile
Business Services
PE
updated 8 days ago

Credicorp Sustainability Profile

Company website

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.

51

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.

26

Industry Benchmark

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.

72%

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Credicorp's reported carbon emissions

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.

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2017201820192020202220232024
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

How Carbon Intensive is Credicorp's Industry?

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.

How Carbon Intensive is Credicorp's Location?

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. This request for Credicorp is in PE, which has a low grid carbon intensity relative to other regions.

Credicorp's Climate Goals (2030 & 2050)

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Credicorp's Emissions with Industry Peers

Banco Interamericano de Finanzas S.A.

PE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

Banco Financiera Comercial Hondurena S.A.

HN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Banco de los Trabajadores

GT
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 21 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Mapfre

ES
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Banco Bradesco

BR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

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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

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