Banco Security
Banco Security, officially known as Banco Security S.A., is a prominent financial institution headquartered in Santiago, Chile. Established in 1997, the bank has carved a niche in the Chilean banking sector, focusing primarily on retail and corporate banking services. With a strong presence in major urban regions, Banco Security offers a range of unique financial products, including personal loans, investment services, and tailored corporate solutions. Recognised for its commitment to customer service and innovation, Banco Security has achieved significant milestones, including the expansion of its digital banking platform. The bank's strategic approach has positioned it as a reliable choice for both individual and business clients, contributing to its reputation as a trusted player in the Chilean financial landscape.
DitchCarbon Score
How does Banco Security'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
Banco Security's score of 24 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Banco Security's reported carbon emissions
In 2022, Banco Security reported total carbon emissions of approximately 2,000,000 kg CO2e. This figure includes Scope 1 emissions of about 82,000 kg CO2e, comprising 3,000 kg CO2e from mobile combustion and 79,000 kg CO2e from fugitive emissions. Additionally, the bank's Scope 3 emissions were significant, with approximately 2,000,000 kg CO2e, primarily from employee commuting (about 1,475,000 kg CO2e) and business travel (about 853,000 kg CO2e). Comparatively, in 2021, Banco Security's total emissions were around 1,700,000 kg CO2e, with Scope 1 emissions at 124,000 kg CO2e and Scope 3 emissions at approximately 1,700,000 kg CO2e. This indicates a notable increase in emissions in 2022, particularly in the Scope 3 category. Despite the increase in emissions, Banco Security has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests that the bank may be in the early stages of developing a comprehensive climate commitment framework. As the financial sector increasingly prioritises sustainability, Banco Security's future climate commitments will be crucial in aligning with industry standards and expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 141,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | 4,112,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Banco Security 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.
