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Financial Intermediation
MX
updated 7 months ago

Scotiabank Inverlat, S.A.

Company website

Scotiabank Inverlat, S.A., a prominent subsidiary of Scotiabank, is headquartered in Mexico City, Mexico. Established in 1994, the bank has carved a significant niche in the financial services industry, primarily focusing on retail and commercial banking, wealth management, and investment services. With a strong presence across Mexico, Scotiabank Inverlat has consistently delivered innovative financial solutions tailored to meet the diverse needs of its clients. The bank's core offerings include personal banking, business loans, and investment products, distinguished by their customer-centric approach and advanced digital banking capabilities. Scotiabank Inverlat has achieved notable recognition in the market, positioning itself as a trusted financial partner with a commitment to excellence and community engagement. Through its strategic initiatives and robust service portfolio, the bank continues to enhance its reputation as a leader in the Mexican banking sector.

DitchCarbon Score

How does Scotiabank Inverlat, 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.

30

Industry Benchmark

Scotiabank Inverlat, 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 Inverlat, S.A.'s reported carbon emissions

Inherited from The Bank of Nova Scotia

Scotiabank Inverlat, S.A., headquartered in Mexico, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of The Bank of Nova Scotia, which influences its climate commitments and emissions reporting. As part of its corporate family, Scotiabank Inverlat inherits emissions data and performance metrics from The Bank of Nova Scotia, which operates at a cascade level of 2. However, specific emissions figures, reduction targets, and climate initiatives from The Bank of Nova Scotia have not been detailed in the provided information. Scotiabank Inverlat has not outlined any specific reduction initiatives or targets, nor does it appear to have committed to any climate pledges at this time. The absence of documented reduction targets suggests that the organisation may still be in the process of developing its climate strategy. In summary, while Scotiabank Inverlat, S.A. is part of a larger banking group with potential climate commitments, it currently lacks specific emissions data and defined reduction initiatives.

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 Inverlat, 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 Inverlat, S.A. is in MX, 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 Inverlat, 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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Where does DitchCarbon data come from?

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