Public Profile

Popular

Popular, Inc., commonly referred to as Popular, is a prominent financial services institution headquartered in the United States. Founded in 1893, the company has established a strong presence in the banking sector, particularly in Puerto Rico and the mainland U.S. Its core business areas include commercial and retail banking, mortgage lending, and wealth management services. With a commitment to innovation, Popular offers unique financial products tailored to meet the diverse needs of its customers. The company has achieved significant milestones, including its expansion into digital banking solutions, which enhance customer experience and accessibility. Recognised for its robust market position, Popular has garnered numerous accolades for its customer service and community engagement, solidifying its reputation as a trusted financial partner.

DitchCarbon Score

How does Popular'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.

8

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.

13

Industry Benchmark

Popular's score of 8 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

Popular's reported carbon emissions

In 2022, Popular reported total carbon emissions of approximately 8,448,000 kg CO2e, comprising about 822,000 kg CO2e from Scope 1 and about 6,327,000 kg CO2e from Scope 2. This marked a significant reduction from 2021, where emissions totalled approximately 8,709,000 kg CO2e, with Scope 1 emissions at about 720,000 kg CO2e and Scope 2 emissions at approximately 11,699,000 kg CO2e. In 2020, the organisation's emissions were approximately 11,216,000 kg CO2e, with Scope 1 emissions at about 557,000 kg CO2e and Scope 2 emissions at approximately 10,666,000 kg CO2e. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Popular, indicating a potential area for future commitment in their climate strategy. The company operates within a global context where many organisations are increasingly setting ambitious targets to reduce their carbon footprints, particularly in Scope 3 emissions, which are not currently reported by Popular.

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Add to project
202020212022
Scope 1
557,000
000,000
000,000
Scope 2
10,666,000
00,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Popular'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. Popular is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Popular is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers