Scotiabank Inverlat, S.A. Sustainability Profile
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.
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
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.
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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.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 0,000,000.00 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Scotiabank Inverlat, S.A.'s Industry?
How Carbon Intensive is Scotiabank Inverlat, S.A.'s Location?
Scotiabank Inverlat, S.A.'s Scope 3 Categories Breakdown
Scotiabank Inverlat, S.A.'s Scope 3 emissions, which increased by 79% last year and increased by approximately 78% since 2017, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 27% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 51% of Scope 3 emissions.
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Scotiabank Inverlat, 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.
Scotiabank Inverlat, 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.
