Banco de Chile
Banco de Chile's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
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bVerified 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. Explore Banco de Chile’s data sources below and access millions more through our Disclosure Search.
Insights into Banco de Chile's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Banco de Chile amounted to 10,043 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 2023, the total operational greenhouse gas (GHG) emissions of Banco de Chile decreased by 21.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
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 2024, the total Scope 1 emissions of Banco de Chile were 3,932 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 112.66%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Banco de Chile's Scope 1 emissions decreased by 2.09%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Banco de Chile's Scope 2 emissions?
In 2024, Banco de Chile reported Scope 2 greenhouse gas (GHG) emissions of 6,111 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 57.48%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Banco de Chile's Scope 2 emissions (Location-Based) fell by 30.64% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does Banco de Chile use for Scope 2 reporting?
In 2024, Banco de Chile reported its Scope 2 emissions 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 2024, Banco de Chile reported 29,076 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 2024 disclosure of Banco de Chile includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.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 2024, Banco de Chile reported total Scope 3 emissions of 29,076 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 47.23%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), 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.ab
What categories of Scope 3 emissions does Banco de Chile disclose?
In 2024, 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 2024, the largest contributors to Banco de Chile's Scope 3 emissions were:a
- Downstream Transportation and Distribution (Cat. 9): 19,309 tCO₂e (66.41%)
- Employee Commuting (Cat. 7): 6,003 tCO₂e (20.65%)
- Upstream Transportation and Distribution (Cat. 4): 1,442 tCO₂e (4.96%)
Banco de Chile's Scope 3 Emissions by Categories
Insights into Banco de Chile’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Banco de Chile reported Scope 1 greenhouse gas (GHG) emissions of 3,932 tCO₂e and total revenues of USD 3,058 millions. This translates into an emissions intensity of 1.29 tCO₂e per millions USD.a
Banco de Chile's Scope 1 Emissions Intensity Compared to Peers
How does Banco de Chile's GHG emissions intensity compare to its peers?
In 2024, Banco de Chile reported a Scope 1 emissions intensity of 1.29 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 2024, Banco de Chile ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Banco de Chile among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Banco de Chile's Total Carbon Footprint
In 2024, Banco de Chile reported a total carbon footprint of 39,119 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.53% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Banco de Chile's total carbon footprint was Scope 3 emissions, accounting for 74.33% of the company's total carbon footprint, followed by Scope 2 emissions at 15.62%.a