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 55% 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, headquartered in Honduras (HN), reported total carbon emissions of approximately 4,933,470 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions totalled about 1,150,110 kg CO2e, with mobile combustion contributing approximately 648,810 kg CO2e and fugitive emissions accounting for about 448,600 kg CO2e. Scope 2 emissions from purchased electricity were around 2,734,090 kg CO2e. Notably, Scope 3 emissions reached approximately 4,933,470 kg CO2e, with significant contributions from purchased goods and services (about 3,249,590 kg CO2e) and employee commuting (approximately 871,610 kg CO2e). Ficohsa's emissions data is cascaded from its parent company, Grupo Financiero Ficohsa S.A., indicating a corporate family relationship. However, there are currently no specific reduction targets or climate pledges reported, and no data on initiatives aimed at reducing emissions has been provided. The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it may not yet have formalised commitments to reduce emissions in line with industry standards.
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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.
