Banco Macro SA
Banco Macro's GHG Emissions Data Preview
In 2023, Banco Macro 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 Macro has also provided a category-level breakdown for 1 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.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 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. | 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. | 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. | 0000000 |
Verified Sources Behind Banco Macro’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 Macro’s data sources below and access millions more through our Disclosure Search.
Insights into Banco Macro's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Banco Macro amounted to 7,055.65 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 Macro decreased by 18.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Banco Macro's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Banco Macro's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Banco Macro were 354.85 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Banco Macro's Scope 1 emissions decreased by 8.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Banco Macro's Scope 2 emissions?
In 2023, Banco Macro reported Scope 2 greenhouse gas (GHG) emissions of 6,700.8 tCO₂e without specifying the calculation method. a
Has Banco Macro reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Banco Macro's Scope 2 emissions (Unspecified Calculation Method) fell by 18.57% 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 Macro use for Scope 2 reporting?
In 2023, Banco Macro reported its Scope 2 emissions using an unspecified methodology. a
Banco Macro's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Banco Macro's Value Chain Emissions
In 2023, Banco Macro reported 221.22 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 Macro includes a breakdown across 1 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 Macro's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Banco Macro's Scope 3 emissions?
In 2023, Banco Macro reported total Scope 3 emissions of 221.22 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
Compared to the previous year (2022), Banco Macro's Scope 3 emissions remained relatively stable, indicating that Banco Macro 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Banco Macro disclose?
In 2023, Banco Macro reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Banco Macro's Scope 3 emissions?
In 2023, the largest contributors to Banco Macro's Scope 3 emissions were: a
- Business Travel (Cat. 6): 221.22 tCO₂e (100%)
Banco Macro's Scope 3 Emissions by Categories
Insights into Banco Macro’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Banco Macro reported Scope 1 greenhouse gas (GHG) emissions of 354.85 tCO₂e and total revenues of USD 3,489 millions. This translates into an emissions intensity of 0.1 tCO₂e per millions USD. a
Banco Macro's Scope 1 Emissions Intensity Compared to Peers
How does Banco Macro's GHG emissions intensity compare to its peers?
In 2023, Banco Macro reported a Scope 1 emissions intensity of 0.1 tCO₂e per millions USD. Compared to the peer group median of 1.23 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Banco Macro rank on GHG emissions intensity within its industry?
In 2023, Banco Macro ranked 1 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Banco Macro among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Banco Macro's Total Carbon Footprint
In 2023, Banco Macro reported a total carbon footprint of 7,276.87 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.87% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Banco Macro's total carbon footprint was Scope 2 emissions, accounting for 92.08% of the company's total carbon footprint, followed by Scope 1 emissions at 4.88%. a