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 higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ficohsa Financial Group's reported carbon emissions
In 2023, Ficohsa Financial Group reported total carbon emissions of approximately 6,268,600 kg CO2e, comprising 648,810 kg CO2e from Scope 1, 1,348,760 kg CO2e from Scope 2, and 5,268,030 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, particularly in Scope 3, which reflects the emissions from their value chain. In 2022, the total emissions were about 4,933,470 kg CO2e, with Scope 1 emissions at 52,700 kg CO2e, Scope 2 at 648,810 kg CO2e, and a significant 7,667,570 kg CO2e from Scope 3. The data indicates a trend of fluctuating emissions, with a peak in Scope 3 emissions in 2021 at approximately 8,714,980 kg CO2e. Ficohsa has not disclosed specific reduction targets or initiatives as part of their climate commitments, which suggests a need for further development in their sustainability strategy. The absence of Science-Based Targets Initiative (SBTi) reduction targets indicates that the company may not yet be aligned with industry standards for emissions reduction. Overall, while Ficohsa Financial Group has made strides in reporting their emissions, the lack of clear reduction commitments highlights an opportunity for improvement in their climate action strategy.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,075,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 2 | 4,704,480 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 4,010,500 | 0,000,000 | 0,000,000 | 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 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.
