Banco Promerica, S.A., a prominent financial institution headquartered in San Salvador, El Salvador, has been a key player in the banking sector since its establishment in 1998. With a strong presence across Central America, including countries like Guatemala, Honduras, and Nicaragua, Banco Promerica offers a diverse range of financial services tailored to meet the needs of individuals and businesses alike. Specialising in retail banking, corporate banking, and investment services, the bank is recognised for its innovative products, such as personalised credit solutions and digital banking platforms. Banco Promerica's commitment to customer service and community development has solidified its position as a trusted financial partner in the region. With a focus on sustainable growth and financial inclusion, the bank continues to achieve notable milestones, enhancing its reputation in the competitive banking landscape.
How does Banco Promerica, 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.
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.
Banco Promerica, S.A's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Banco Promerica, S.A. reported carbon intensity metrics for its various portfolios, although specific total emissions data in kg CO2e was not disclosed. The carbon intensity for the mortgages portfolio was approximately 2790.0 kg CO2e per square metre, while the vehicle loans portfolio had a carbon intensity of about 0.19617 kg CO2e per kilometre. Notably, the power generation portfolio reported a carbon intensity of 0.0 kg CO2e per MWh, indicating no emissions associated with this category. Currently, Banco Promerica has not established specific reduction targets or climate pledges, nor does it disclose any initiatives aimed at reducing its carbon footprint. The absence of Scope 1, 2, and 3 emissions data suggests that the bank may still be in the early stages of formalising its climate commitments. As the financial sector increasingly prioritises sustainability, Banco Promerica's future actions will be crucial in aligning with industry standards and addressing climate change effectively.
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.
Banco Promerica, 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.