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Financial Intermediation
CL
updated 12 days ago

Grupo Security

Company website

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.

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.

30

Industry Benchmark

Grupo Security's score of 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Grupo Security's reported carbon emissions

In 2023, Grupo Security reported total carbon emissions of approximately 4,000,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 66,800 kg CO2e, comprising 65,800 kg CO2e from mobile combustion and 200 kg CO2e from stationary combustion. Scope 2 emissions, primarily from purchased electricity, accounted for approximately 1,549,100 kg CO2e. The most significant contributor to their carbon footprint was Scope 3 emissions, which totalled around 3,371,500 kg CO2e, with business travel alone contributing about 3,718,200 kg CO2e. In 2022, the company reported total emissions of approximately 6,405,000 kg CO2e, with Scope 1 emissions at about 86,000 kg CO2e, Scope 2 emissions at approximately 1,924,000 kg CO2e, and Scope 3 emissions at around 2,339,000 kg CO2e. This indicates a notable reduction in emissions from 2022 to 2023. Grupo Security's emissions data is cascaded from its parent company, Grupo Security S.A., reflecting a corporate family relationship. However, the company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges. Overall, Grupo Security is actively monitoring its carbon emissions and is committed to improving its environmental performance, although specific reduction initiatives or targets have not been disclosed.

Unlock detailed emissions data

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

20192020202120222023
Scope 1
246,000
000,000
00,000
0,000
00,000
Scope 2
3,651,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
715,000
000,000
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. Grupo Security'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 Grupo Security is in CL, 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.

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.

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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