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.
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.
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.
Galicia Financial's score of 18 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Galicia Financial reported total carbon emissions of approximately 16,402,660 kg CO2e. This figure includes 2,839,990 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 9,241,020 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions, which cover all other indirect emissions, amounted to 4,321,650 kg CO2e. Over the years, Galicia Financial has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 18,489,090 kg CO2e, while in 2021, they were approximately 19,984,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development in sustainability practices. Overall, Galicia Financial's emissions data reflects a significant carbon footprint, with a need for enhanced strategies to address climate change and reduce overall emissions in alignment with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 862,680 | 000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 28,520,160 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | 2,851,170 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.