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Financial Intermediation
CL
updated 8 days ago

Quinenco

Company website

Quinenco S.A., a prominent Chilean conglomerate, is headquartered in Santiago, Chile. Established in 1988, the company has significantly expanded its operations across various sectors, including financial services, telecommunications, and manufacturing. Quinenco is renowned for its diverse portfolio, which includes Banco de Chile, one of the country's leading banks, and a range of industrial enterprises. With a strong market presence in Latin America, Quinenco has achieved notable milestones, such as strategic partnerships and successful mergers that have bolstered its competitive edge. The company's commitment to innovation and quality in its core services sets it apart in the industry, making it a key player in the Chilean economy. Quinenco continues to thrive, driven by its dedication to sustainable growth and excellence in service delivery.

DitchCarbon Score

How does Quinenco'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.

22

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

Quinenco's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Quinenco's reported carbon emissions

In 2020, Quinenco reported greenhouse gas emissions of approximately 0.000643 kg CO2e per litre produced, with no specific data disclosed for Scope 1, 2, or 3 emissions. This figure reflects their operational performance but lacks comprehensive emissions data. The company has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future improvement in their climate strategy. Comparatively, in 2010, the emissions per litre produced were about 0.001 kg CO2e, suggesting a slight improvement over the decade. However, without specific reduction initiatives or targets, Quinenco's overall climate commitments remain unclear. The emissions data is not cascaded from any parent company, and all figures are derived directly from Quinenco's own reporting. As Quinenco continues to operate in a climate-conscious environment, establishing clear reduction targets and enhancing transparency in emissions reporting will be crucial for aligning with global sustainability goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Quinenco'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 Quinenco 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.

Quinenco 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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