Global Bank
Global Bank, officially known as Global Bank Corporation, is a leading financial institution headquartered in Panama (PA). Established in 1994, the bank has grown to become a prominent player in the banking sector, primarily serving clients across Central America and the Caribbean. Specialising in retail banking, corporate banking, and wealth management, Global Bank offers a range of unique products and services designed to meet diverse customer needs. Its commitment to innovation and customer service has positioned it as a trusted partner in the financial landscape. With a strong market presence, Global Bank has achieved notable milestones, including recognition for its robust digital banking solutions and sustainable finance initiatives. As it continues to expand its operations, Global Bank remains dedicated to delivering exceptional value to its clients and stakeholders.
DitchCarbon Score
How does Global Bank'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
Global Bank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Global Bank's reported carbon emissions
In 2021, Global Bank reported an intensity of emissions of approximately 1,220 kg CO2e per employee, reflecting its Scope 1 and 2 emissions. This figure indicates the bank's operational carbon footprint, although specific total emissions data for the year is not disclosed. In 2020, the intensity of emissions was about 730 kg CO2e per employee, suggesting a significant increase in emissions intensity year-on-year. Currently, Global Bank has not established any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of disclosed Scope 3 emissions further highlights the need for enhanced transparency in their overall carbon footprint. As a financial institution headquartered in Pennsylvania, Global Bank is positioned within an industry increasingly focused on sustainability and climate action. However, without concrete reduction initiatives or targets, the bank's climate commitments remain unclear.
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.
Global Bank 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.
