Grupo Security
Grupo Security, headquartered in Santiago, Chile, is a prominent player in the financial services industry, specialising in banking, insurance, and asset management. Founded in 1993, the company has established itself as a trusted provider of innovative financial solutions across Chile and other key Latin American markets. With a diverse portfolio that includes retail banking, life and general insurance, and investment services, Grupo Security stands out for its customer-centric approach and commitment to sustainability. The company has achieved significant milestones, including the expansion of its services and a strong market presence, making it a leader in the Chilean financial sector. Recognised for its robust financial performance and dedication to excellence, Grupo Security continues to enhance its offerings, ensuring clients receive tailored solutions that meet their evolving needs.
DitchCarbon Score
How does Grupo Security'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
Grupo Security's score of 15 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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Grupo Security's reported carbon emissions
In 2023, Grupo Security, headquartered in Chile, reported total carbon emissions of approximately 7,704,000 kg CO2e. This figure includes 140,000 kg CO2e from Scope 1 emissions, primarily from mobile and stationary combustion, and 1,549,000 kg CO2e from Scope 2 emissions, which are attributed to purchased electricity. The majority of their emissions, about 6,014,000 kg CO2e, fall under Scope 3, with significant contributions from business travel (1,688,100 kg CO2e) and employee commuting (2,030,100 kg CO2e). Comparatively, in 2022, the company reported total emissions of approximately 6,403,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 included 85,000 kg CO2e in Scope 1, 1,924,000 kg CO2e in Scope 2, and 4,394,000 kg CO2e in Scope 3. Despite the lack of specific reduction targets or initiatives disclosed, Grupo Security's emissions data is cascaded from its parent company, Grupo Security S.A., which is responsible for the overall corporate climate strategy. The company has not specified any Science-Based Targets Initiative (SBTi) commitments or other formal climate pledges, indicating a potential area for future development in their sustainability efforts. Overall, Grupo Security's emissions profile highlights the need for enhanced climate commitments and reduction strategies to address their significant carbon footprint.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 246,000 | 000,000 | 000,000 |
| Scope 2 | 3,651,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 715,000 | 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.
Grupo Security 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.
