Banco de Chile
Banco de Chile's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Banco de Chile’s Greenhouse Gas (GHG) Emissions Data
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Insights into Banco de Chile's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Banco de Chile amounted to 12,826 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 2022, the total operational greenhouse gas (GHG) emissions of Banco de Chile increased by 20.62%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Banco de Chile's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Banco de Chile's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Banco de Chile were 4,016 metric tons of CO₂ equivalent (tCO₂e). a
Has Banco de Chile reduced its Scope 1 emissions over time?
Since 2018, Banco de Chile's Scope 1 emissions have increased by 127.79%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Banco de Chile's Scope 1 emissions increased by 144.88%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Banco de Chile's Scope 2 emissions?
In 2023, Banco de Chile reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 8,810 tCO₂e using the location-based method. a
Has Banco de Chile reduced its Scope 2 emissions over time?
Since 2018, Banco de Chile's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 44.63%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), 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 2023, 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
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Banco de Chile's Value Chain Emissions
In 2023, Banco de Chile reported 30,899 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 2023 disclosure of Banco de Chile includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Banco de Chile's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Banco de Chile's Scope 3 emissions?
In 2023, Banco de Chile reported total Scope 3 emissions of 30,899 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 2018, Banco de Chile's Scope 3 emissions have decreased by 48.36%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), 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 2023, Banco de Chile reported emissions for 8 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 2023, the largest contributors to Banco de Chile's Scope 3 emissions were: a
- Downstream Transportation and Distribution (Cat. 9): 18,738 tCO₂e (62.31%)
- Employee Commuting (Cat. 7): 6,770 tCO₂e (22.51%)
- Upstream Transportation and Distribution (Cat. 4): 1,375 tCO₂e (4.57%)
Banco de Chile's Scope 3 Emissions by Categories
Insights into Banco de Chile's Total Carbon Footprint
In 2023, Banco de Chile reported a total carbon footprint of 43,725 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.85% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Banco de Chile's total carbon footprint was Scope 3 emissions, accounting for 70.67% of the company's total carbon footprint, followed by Scope 2 emissions at 20.15%. a