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Banco Itau Chile
Banco Itau Chile's GHG Emissions Data Preview
In 2024, Banco Itau 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 Itau 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 | 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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aVerified Sources Behind Banco Itau 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 Itau Chile’s data sources below and access millions more through our Disclosure Search.
Insights into Banco Itau Chile's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofBanco Itau Chile amounted to3,109metric 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 Itau Chiledecreased by 8.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Banco Itau Chile's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Banco Itau Chile's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Banco Itau Chile were 745 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Banco Itau Chile reduced its Scope 1 emissions over time?
Since 2019, Banco Itau Chile's Scope 1 emissions have increased by 172.89%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Banco Itau Chile's Scope 1 emissions increased by 7.5%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Banco Itau Chile's Scope 2 emissions?
In 2024, Banco Itau Chile reported Scope 2 greenhouse gas (GHG) emissions of 490 tCOâ‚‚e using the market-based method and 2,364 tCOâ‚‚e using the location-based method.a
Has Banco Itau Chile reduced its Scope 2 emissions over time?
Since 2019, Banco Itau Chile's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 70.05%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Banco Itau Chile's Scope 2 emissions(Location-Based) fell by 12.18% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Banco Itau Chile use for Scope 2 reporting?
In 2024, Banco Itau Chile reported its Scope 2 emissions using the market-based method and using the location-based method.a
Banco Itau Chile's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Banco Itau Chile's Value Chain Emissions
In 2024, Banco Itau Chile reported 11,219 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Banco Itau Chile includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Banco Itau Chile's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Banco Itau Chile's Scope 3 emissions?
In 2024, Banco Itau Chile reported total Scope 3 emissions of 11,219 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 69.36%of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.64%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Banco Itau Chile reduced its Scope 3 emissions over time?
Since 2019, Banco Itau Chile's Scope 3 emissionshave decreased by 27.43%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Banco Itau Chile's Scope 3 emissions decreased by 10.12%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Banco Itau Chile disclose?
In 2024, Banco Itau 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 Itau Chile's Scope 3 emissions?
In 2024, the largest contributors to Banco Itau Chile's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 4,012 tCOâ‚‚e(35.76%)
- Use of Sold Products (Cat. 11): 3,437 tCOâ‚‚e(30.64%)
- Business Travel (Cat. 6): 1,923 tCOâ‚‚e(17.14%)
Banco Itau Chile's Scope 3 Emissions by Categories
Insights into Banco Itau Chile’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Banco Itau Chile reported Scope 1 greenhouse gas (GHG) emissions of 745 tCOâ‚‚e and total revenues of USD 1,633 millions. This translates into an emissions intensity of 0.46 tCOâ‚‚e per millions USD.a
Banco Itau Chile's Scope 1 Emissions Intensity Compared to Peers
How does Banco Itau Chile's GHG emissions intensity compare to its peers?
In 2024, Banco Itau Chile reported a Scope 1 emissions intensity of 0.46 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.22, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Banco Itau Chile rank on GHG emissions intensity within its industry?
In 2024, Banco Itau Chile ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Banco Itau 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 Itau Chile's Total Carbon Footprint
In 2024, Banco Itau Chile reported a total carbon footprint of 14,328 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.7% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Banco Itau Chile's total carbon footprint was Scope 3 emissions, accounting for 78.3% of the company's total carbon footprint, followed by Scope 2 emissions at 16.5%.a