Galicia Financial
Galicia Financial, also known as GFG, is a prominent financial services firm headquartered in Argentina. Established in 1993, the company has made significant strides in the financial sector, particularly in investment management and advisory services. With a strong presence in major operational regions across Latin America, Galicia Financial has built a reputation for its innovative approach to wealth management. The firm offers a diverse range of core products, including asset management, private banking, and financial planning, distinguished by a client-centric philosophy and tailored solutions. Galicia Financial's commitment to excellence has positioned it as a leader in the industry, recognised for its robust performance and strategic insights. As it continues to evolve, Galicia Financial remains dedicated to empowering clients with the tools and knowledge needed to achieve their financial goals.
DitchCarbon Score
How does Galicia Financial'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 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
Galicia Financial's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Galicia Financial's reported carbon emissions
In 2023, Galicia Financial reported total carbon emissions of approximately 16,402,660 kg CO2e. This figure includes 16,402,660 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, steam, heating, and cooling, accounted for about 5,858,990 kg CO2e. Additionally, Scope 3 emissions, which cover all other indirect emissions, were approximately 169,780 kg CO2e. Over the years, Galicia Financial has shown fluctuations in its emissions. For instance, in 2021, the total emissions were about 19,984,000 kg CO2e, with significant contributions from both Scope 1 and Scope 2 emissions. The company has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint, nor has it committed to any science-based targets for emissions reduction. Galicia Financial's commitment to addressing climate change is evident, although specific reduction strategies or pledges have not been detailed. The company operates within a global context where financial institutions are increasingly expected to take proactive measures in reducing their carbon emissions and contributing to sustainability efforts.
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| 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 862,680 | 000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 28,520,160 | 00,000,000 | 00,000,000 | 000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 2,851,170 | 0,000,000 | 0,000,000 | 00,000 | 0,000,000 | 0,000,000 | 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.
Galicia Financial 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.
