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Public Profile
Financial Intermediation
AR
updated 9 days ago

Galicia Financial

Company website

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.

34

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.

27

Industry Benchmark

Galicia Financial's score of 34 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Galicia Financial's reported carbon emissions

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 4,321,650 kg CO2e from Scope 3 emissions, which cover indirect emissions from the value chain. Notably, there is no reported data for Scope 2 emissions. Comparatively, in 2022, the total emissions were about 18,489,093 kg CO2e, with Scope 1 emissions at 2,526,600 kg CO2e and Scope 2 emissions significantly higher at 10,109,980 kg CO2e, alongside Scope 3 emissions of 5,852,510 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Galicia Financial has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is not cascaded from a parent company, and all figures are reported directly from Galicia Financial. The organisation is committed to transparency in its emissions reporting, as evidenced by its disclosures through the Carbon Disclosure Project (CDP) and other sustainability reports.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
974,000
0,000,000
0,000,000
0,000,000
Scope 2
-
00,000,000
00,000,000
-
Scope 3
4,061,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Galicia Financial's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Galicia Financial is in AR, which has a medium grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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