Banco Itau Chile

Country
Chile
Sector
Financial Services
Industry
Banks - Regional
Employees
6,860
Ticker
ITAUCL
Exchange
SANTIAGO STOCK EXCHANGE
Website
ir.itau.cl
Description
Banco Itaú Chile S.A. operates as a significant banking institution within the Chilean financial landscape. Its primary function is to provide a comprehensive range of financial services, including re...

Banco Itau Chile's GHG Emissions Data Preview

In 2023, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified 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.

a. Banco Itau Chile's Integrated Report 2023
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b. Banco Itau Chile's Integrated Report 2021
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c. Banco Itau Chile's Integrated Report 2022
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Insights into Banco Itau Chile's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Banco Itau Chile amounted to 2,416 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 Itau Chile decreased by 39.72%, 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

201920202021202220230200400600800tCO2e+16%+148%-73%+23%
  • Total Scope 1
  • Year-over-Year Change

What are Banco Itau Chile's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Banco Itau Chile were 261 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2019, Banco Itau Chile's Scope 1 emissions have decreased by 4.4%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Banco Itau Chile's Scope 1 emissions increased by 23.11%, 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 2023, Banco Itau Chile reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 2,155 tCO₂e 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 72.7%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2022), Banco Itau Chile's Scope 2 emissions (Location-Based) fell by 43.23% in 2023, 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 2023, 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

2019202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banco Itau Chile's Value Chain Emissions

In 2023, Banco Itau Chile reported 7,750 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 Itau Chile includes a breakdown across 9 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 Itau Chile's Scope 3 Emissions Over Time

2019202020212022202304 k8 k12 k16 ktCO2e-32%-15%+3%-16%
  • Total Scope 3
  • Year-over-Year Change

What are Banco Itau Chile's Scope 3 emissions?

In 2023, Banco Itau Chile reported total Scope 3 emissions of 7,750 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 Itau Chile reduced its Scope 3 emissions over time?

Since 2019, Banco Itau Chile's Scope 3 emissions have decreased by 49.87%, reflecting a declining long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2022), Banco Itau Chile's Scope 3 emissions decreased by 15.78%, 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 2023, Banco Itau Chile reported emissions for 9 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 2023, the largest contributors to Banco Itau Chile's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 3,055 tCO₂e (40.46%)
  • Other/Unspecified Sources: 2,364 tCO₂e (31.31%)
  • Business Travel (Cat. 6): 942 tCO₂e (12.48%)

Banco Itau Chile's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(12.5%)Employee Commuting(Cat. 7)(40.5%)Other/UnspecifiedSources(31.3%)

Insights into Banco Itau Chile's Total Carbon Footprint

In 2023, Banco Itau Chile reported a total carbon footprint of 10,166 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.04% decrease compared to 2022, 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 76.23% of the company's total carbon footprint, followed by Scope 2 emissions at 21.2%. a

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