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Banco de Chile

Country
Chile
Sector
Financial Services
Industry
Banks - Regional
Employees
11,156
Ticker
CHILE
Exchange
Bolsa de Santiago
Description
Banco de Chile is a prominent financial institution that operates within the banking sector in Chile. Its primary function is to provide comprehensive banking services, including commercial and retail...

Banco de Chile's GHG Emissions Data Preview

In 2025, Banco de Chile completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Banco de Chile has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
3,121a
3,932a
3,835a
Total Scope 2
Market-Based
0a
0a
0a
Location-Based
5,554a
6,106a
7,279a
Total Scope 3
32,873a
35,574a
33,727a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.9394a
1.2856a
1.1367a
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Verified Sources Behind Banco de Chile’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Banco de Chile's Annual Report 2025
b. Banco de Chile's Annual Report 2023

Insights into Banco de Chile's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Banco de Chile amounted to 8,675 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Banco de Chile decreased by 13.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Banco de Chile's Scope 1 Emissions Over Time

201920202021202220232024202501 k2 k3 k4 ktCO2e-29%+40%-11%+134%+3%-21%
  • Total Scope 1
  • Year-over-Year Change

What are Banco de Chile's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Banco de Chile were 3,121 metric tons of CO₂ equivalent (tCO₂e).a

Has Banco de Chile reduced its Scope 1 emissions over time?

Since 2019, Banco de Chile's Scope 1 emissions have increased by 68.79%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Banco de Chile's Scope 1 emissions decreased by 20.63%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Banco de Chile's Scope 2 emissions?

In 2025, Banco de Chile reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 5,554 tCO₂e using the location-based method.a

Has Banco de Chile reduced its Scope 2 emissions over time?

Since 2019, Banco de Chile's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 61.36%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Banco de Chile's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Banco de Chile's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Banco de Chile use for Scope 2 reporting?

In 2025, Banco de Chile reported its Scope 2 emissions using the market-based method and using the location-based method.a

Banco de Chile's Scope 2 Emissions Over Time

201920202021202220232024202504 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banco de Chile's Value Chain Emissions

In 2025, Banco de Chile reported 32,873 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Banco de Chile includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Banco de Chile's Scope 3 Emissions Over Time

2019202020212022202320242025015 k30 k45 k60 ktCO2e-32%-3%-14%+7%+5%-8%
  • Total Scope 3
  • Year-over-Year Change

What are Banco de Chile's Scope 3 emissions?

In 2025, Banco de Chile reported total Scope 3 emissions of 32,873 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Banco de Chile reduced its Scope 3 emissions over time?

Since 2019, Banco de Chile's Scope 3 emissions have decreased by 40.34%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), Banco de Chile's Scope 3 emissions remained relatively stable, indicating that Banco de Chile's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Banco de Chile disclose?

In 2025, Banco de Chile reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Banco de Chile's Scope 3 emissions?

In 2025, the largest contributors to Banco de Chile's Scope 3 emissions were:a

  • Downstream Transportation and Distribution (Cat. 9): 19,789 tCO₂e (64.73%)
  • Employee Commuting (Cat. 7): 6,977 tCO₂e (22.82%)
  • Upstream Transportation and Distribution (Cat. 4): 1,481 tCO₂e (4.84%)

Banco de Chile's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(22.8%)DownstreamTransportation andDistribution(Cat. 9)(64.7%)UpstreamTransportation andDistribution(Cat. 4)(4.8%)

Insights into Banco de Chile’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Banco de Chile reported Scope 1 greenhouse gas (GHG) emissions of 3,121 tCO₂e and total revenues of USD 3,322 millions. This translates into an emissions intensity of 0.94 tCO₂e per millions USD.a

Banco de Chile's Scope 1 Emissions Intensity Compared to Peers

502001,0005,00050,000Scope 1 Emissions (tCO2e)5001,0002,0005,00010,000Revenues (Millions of USD)Banque Saudi FransiYear: 2024Scope 1: 3,804 tCO2eRevenue: $M 2,562Scope 1 Intensity: 1.48 tCO2e/$MTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MSCB XYear: 2024Scope 1: 12,757 tCO2eRevenue: $M 4,189Scope 1 Intensity: 3.05 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,819Scope 1 Intensity: 0.05 tCO2e/$MFirst Financial HoldingYear: 2024Scope 1: 2,829 tCO2eRevenue: $M 2,188Scope 1 Intensity: 1.29 tCO2e/$MFinecoBank Banca FinecoYear: 2024Scope 1: 285 tCO2eRevenue: $M 1,585Scope 1 Intensity: 0.18 tCO2e/$MBankinterYear: 2024Scope 1: 1,232 tCO2eRevenue: $M 3,173Scope 1 Intensity: 0.39 tCO2e/$MNational Bank of GreeceYear: 2024Scope 1: 1,911 tCO2eRevenue: $M 2,993Scope 1 Intensity: 0.64 tCO2e/$MMediobancaYear: 2024Scope 1: 2,546 tCO2eRevenue: $M 3,480Scope 1 Intensity: 0.73 tCO2e/$MBanca MediolanumYear: 2025Scope 1: 2,594 tCO2eRevenue: $M 2,869Scope 1 Intensity: 0.90 tCO2e/$MBanco Comercial PortuguesYear: 2024Scope 1: 5,505 tCO2eRevenue: $M 3,885Scope 1 Intensity: 1.42 tCO2e/$ME. Sun Financial HoldingYear: 2024Scope 1: 2,403 tCO2eRevenue: $M 2,298Scope 1 Intensity: 1.05 tCO2e/$MMega Financial HoldingYear: 2024Scope 1: 2,639 tCO2eRevenue: $M 2,503Scope 1 Intensity: 1.05 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MSaudi Awwal BankYear: 2024Scope 1: 6,029 tCO2eRevenue: $M 3,764Scope 1 Intensity: 1.60 tCO2e/$MEurobankYear: 2024Scope 1: 1,435 tCO2eRevenue: $M 3,352Scope 1 Intensity: 0.43 tCO2e/$MSinopac Financial HoldingsYear: 2024Scope 1: 1,439 tCO2eRevenue: $M 1,941Scope 1 Intensity: 0.74 tCO2e/$MHua Nan Financial HoldingsYear: 2024Scope 1: 2,552 tCO2eRevenue: $M 2,009Scope 1 Intensity: 1.27 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,133Scope 1 Intensity: 1.27 tCO2e/$MQnb BankYear: 2024Scope 1: 15,753 tCO2eRevenue: $M 2,865Scope 1 Intensity: 5.50 tCO2e/$MTS Financial HoldingYear: 2024Scope 1: 1,932 tCO2eRevenue: $M 2,644Scope 1 Intensity: 0.73 tCO2e/$MBanco Itau ChileYear: 2024Scope 1: 745 tCO2eRevenue: $M 1,633Scope 1 Intensity: 0.46 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$MBCIYear: 2024Scope 1: 410 tCO2eRevenue: $M 3,045Scope 1 Intensity: 0.13 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MBanco de ChileYear: 2025Scope 1: 3,121 tCO2eRevenue: $M 3,322Scope 1 Intensity: 0.94 tCO2e/$M

How does Banco de Chile's GHG emissions intensity compare to its peers?

In 2025, Banco de Chile reported a Scope 1 emissions intensity of 0.94 tCO₂e per millions USD. Compared to the peer group median of 0.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Banco de Chile rank on GHG emissions intensity within its industry?

In 2025, Banco de Chile ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Banco de Chile is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Banco de Chile's Total Carbon Footprint

In 2025, Banco de Chile reported a total carbon footprint of 41,548 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.91% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Banco de Chile's total carbon footprint was Scope 3 emissions, accounting for 79.12% of the company's total carbon footprint, followed by Scope 2 emissions at 13.37%.a

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