Ficohsa Financial Group
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 54% 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 total carbon emissions of approximately 4,933,470 kg CO2e globally, with specific emissions of about 52,700 kg CO2e from Scope 1 and approximately 6,767,570 kg CO2e from Scope 3. Notably, in Honduras, the group recorded about 1,150,110 kg CO2e in Scope 1 emissions and approximately 4,933,470 kg CO2e in Scope 3 emissions, which included significant contributions from business travel (about 788,880 kg CO2e) and purchased goods and services (approximately 3,249,590 kg CO2e). Ficohsa's emissions data is cascaded from its parent company, Grupo Financiero Ficohsa S.A., reflecting a corporate family relationship. However, the group has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company has disclosed emissions for Scope 1 and Scope 3 but lacks data for Scope 2 emissions. This highlights an opportunity for Ficohsa to enhance its climate commitments and transparency in emissions reporting. Overall, while the group has made strides in emissions disclosure, further action is needed to set and achieve meaningful reduction targets 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 |
Industry emissions intensity
Location emissions 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.
Ficohsa Financial Group is not participating in any of the initiatives that 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.
