Ficohsa Financial Group Sustainability Profile
Ficohsa Financial Group, a prominent player in the financial services sector, is headquartered in Honduras (HN) and operates extensively across Central America. Founded in 1996, the company has established itself as a leader in banking, insurance, and investment services, catering to both individual and corporate clients. Ficohsa offers a diverse range of products, including personal and business loans, savings accounts, and insurance solutions, distinguished by their customer-centric approach and innovative technology. The firm has achieved significant milestones, including numerous awards for excellence in service and financial performance, solidifying its market position as a trusted financial partner. With a commitment to fostering economic growth in the region, Ficohsa Financial Group continues to expand its footprint, providing tailored financial solutions that meet the evolving needs of its clients.
DitchCarbon Score
How does Ficohsa Financial Group'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 Services Auxiliary to 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
Ficohsa Financial Group's score of 27 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ficohsa Financial Group's reported carbon emissions
In 2022, Ficohsa Financial Group reported significant carbon emissions, with a total of approximately 4,933,470 kg CO2e globally. This includes 1,150,110 kg CO2e from Scope 1 emissions, primarily from mobile combustion and fugitive emissions, and 2,734,090 kg CO2e from Scope 2 emissions related to purchased electricity. Scope 3 emissions totalled about 4,933,470 kg CO2e, with notable contributions from purchased goods and services (3,249,590 kg CO2e) and employee commuting (871,610 kg CO2e). In Honduras (HN), the emissions data for 2022 indicates approximately 1,150,110 kg CO2e in Scope 1, 2,734,090 kg CO2e in Scope 2, and 4,933,470 kg CO2e in Scope 3. The group's emissions data is cascaded from its parent company, Grupo Financiero Ficohsa S.A., reflecting a corporate family relationship. Despite the substantial emissions figures, Ficohsa Financial Group has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The organisation's climate strategy remains vague, with no clear pledges or initiatives outlined to address its carbon footprint.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 109,340 | 00,000 |
| Scope 2 | 604,240 | 000,000 |
| Scope 3 | 8,714,980 | 0,000,000 |
How Carbon Intensive is Ficohsa Financial Group's Industry?
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Ficohsa Financial Group'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.
Ficohsa Financial Group 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.
