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Financial Intermediation
CL
updated 9 days ago

Scotiabank Chile S.A.

Company website

Scotiabank Chile S.A., a prominent player in the Chilean banking sector, is headquartered in Santiago, Chile. Established in 1990, the bank has grown significantly, becoming a key provider of financial services across the country. Scotiabank Chile operates primarily in retail and commercial banking, offering a diverse range of products including personal loans, mortgages, and investment services. With a strong focus on customer service and innovative financial solutions, Scotiabank Chile distinguishes itself through its commitment to digital banking and financial inclusion. The bank has achieved notable milestones, including the expansion of its branch network and the introduction of advanced online banking platforms. As a subsidiary of Scotiabank, a leading financial institution in North America, Scotiabank Chile maintains a robust market position, serving millions of customers and contributing to the economic growth of the region.

DitchCarbon Score

How does Scotiabank Chile 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.

51

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.

28

Industry Benchmark

Scotiabank Chile S.A.'s score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Scotiabank Chile S.A.'s reported carbon emissions

Inherited from The Bank of Nova Scotia

Scotiabank Chile S.A. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, the organisation is part of a corporate family relationship with The Bank of Nova Scotia, from which it inherits emissions data and climate commitments. This cascading relationship places Scotiabank Chile S.A. at a level 2 in terms of data sourcing. While there are no specific reduction targets or initiatives reported for Scotiabank Chile S.A., it is important to note that the overarching commitments and performance metrics are derived from The Bank of Nova Scotia. This parent organisation may have established science-based targets and sustainability initiatives that influence Scotiabank Chile's climate strategy. In summary, while Scotiabank Chile S.A. lacks direct emissions data and specific reduction targets, it is aligned with the broader climate commitments of its parent company, The Bank of Nova Scotia, which may include industry-standard climate initiatives and performance metrics.

Unlock detailed emissions data

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

201620172018201920202021202220232024
Scope 1
13,700,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
125,053,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
00,000,000
0,000,000
000,000
00,000,000
00,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Scotiabank Chile S.A.'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 Scotiabank Chile S.A. 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.

Scotiabank Chile S.A. 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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