Promotora CMR Falabella S.A. Sustainability Profile
Promotora CMR Falabella S.A., commonly known as CMR Falabella, is a leading financial services provider headquartered in Chile. Established in 1998, the company has significantly impacted the retail finance sector, primarily operating in Chile and other Latin American countries. Specialising in consumer credit, CMR Falabella offers a range of products, including credit cards, personal loans, and retail financing solutions. What sets them apart is their strong affiliation with the Falabella retail group, allowing for unique synergies in customer service and product offerings. With a robust market position, CMR Falabella has achieved notable milestones, including a substantial customer base and innovative financial solutions tailored to meet the needs of diverse consumers. Their commitment to excellence continues to drive their success in the competitive financial landscape.
DitchCarbon Score
How does Promotora CMR Falabella S.A.'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
Promotora CMR Falabella S.A.'s score of 66 is higher 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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Promotora CMR Falabella S.A., headquartered in Chile (CL), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Falabella S.A., which cascades its climate-related data and initiatives down to Promotora CMR Falabella S.A. at a cascade level of 4. While there are no documented reduction targets or specific climate pledges from Promotora CMR Falabella S.A., it is important to note that the parent company, Falabella S.A., may have established initiatives that influence Promotora CMR's climate commitments. However, details regarding these initiatives, such as Science-Based Targets Initiative (SBTi) targets or specific reduction achievements, are not available. In summary, Promotora CMR Falabella S.A. currently lacks specific emissions data and reduction targets, relying on the broader corporate climate strategies of its parent company, Falabella S.A.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 14,680 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 41,851 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 78,817 | 000,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Promotora CMR Falabella S.A.'s Scope 3 Categories Breakdown
Promotora CMR Falabella S.A.'s Scope 3 emissions, which decreased by 3% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 46% of Scope 3 emissions.
Top Scope 3 Categories
Promotora CMR Falabella S.A.'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.
Promotora CMR Falabella S.A. 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.
