Industrial and Commercial Bank of China (Argentina) S.A.U. Sustainability Profile
Industrial and Commercial Bank of China (Argentina) S.A.U. (ICBC Argentina) is a prominent financial institution headquartered in Buenos Aires, Argentina. Established in 2015, it has rapidly positioned itself within the banking sector, offering a comprehensive range of services tailored to both individual and corporate clients. ICBC Argentina operates primarily in the commercial banking industry, providing services such as corporate financing, personal banking, and trade finance. Its unique approach combines local market knowledge with the global expertise of its parent company, making it a competitive player in the region. With a commitment to innovation and customer service, ICBC Argentina has achieved significant milestones, including expanding its branch network and enhancing digital banking solutions. This strategic focus has solidified its reputation as a reliable banking partner in Argentina's evolving financial landscape.
DitchCarbon Score
How does Industrial and Commercial Bank of China (Argentina) S.A.U.'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
Industrial and Commercial Bank of China (Argentina) S.A.U.'s score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industrial and Commercial Bank of China (Argentina) S.A.U. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Industrial and Commercial Bank of China Limited, which may influence its climate commitments and performance metrics. As part of its corporate family, emissions data and climate initiatives may be cascaded from its parent organisation, Industrial and Commercial Bank of China Limited. However, specific reduction targets or achievements have not been disclosed for the Argentine subsidiary. The bank has not established any documented reduction targets or climate pledges at this time. In the context of the banking industry, it is essential for institutions like Industrial and Commercial Bank of China (Argentina) S.A.U. to align with global climate standards and initiatives, such as those set by the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). The lack of specific emissions data and reduction commitments highlights an opportunity for the bank to enhance its sustainability efforts and transparency in climate-related disclosures.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 102,313,250 | 000,000,000 | 00,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
How Carbon Intensive is Industrial and Commercial Bank of China (Argentina) S.A.U.'s Industry?
How Carbon Intensive is Industrial and Commercial Bank of China (Argentina) S.A.U.'s Location?
Industrial and Commercial Bank of China (Argentina) S.A.U.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Industrial and Commercial Bank of China (Argentina) S.A.U. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
