Banco Macro SA
Banco Macro's GHG Emissions Data Preview
In 2024, 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).
However, Banco Macro has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 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.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 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 2024, the total operational greenhouse gas (GHG) emissions of Banco Macro amounted to 2,161.1 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 Macro decreased by 69.37%, 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 2024, the total Scope 1 emissions of Banco Macro were 1,080.55 metric tons of CO₂ equivalent (tCO₂e).a
Has Banco Macro reduced its Scope 1 emissions over time?
Since 2022, Banco Macro's Scope 1 emissions have increased by 178.49%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Banco Macro's Scope 1 emissions increased by 204.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Banco Macro's Scope 2 emissions?
In 2024, Banco Macro reported Scope 2 greenhouse gas (GHG) emissions of 1,080.55 tCO₂e without specifying the calculation method.a
Has Banco Macro reduced its Scope 2 emissions over time?
Since 2022, Banco Macro's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 86.87%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Banco Macro's Scope 2 emissions (Unspecified Calculation Method) fell by 83.87% 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 Macro use for Scope 2 reporting?
In 2024, 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 2024, Banco Macro reported 157 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 Macro includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.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 2024, Banco Macro reported total Scope 3 emissions of 157 metric tons of CO₂ equivalent (tCO₂e).a
Has Banco Macro reduced its Scope 3 emissions over time?
Since 2022, Banco Macro's Scope 3 emissions have decreased by 35.62%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Banco Macro's Scope 3 emissions decreased by 29.03%, highlighting the company's efforts to lower indirect emissions from its value chain.a
Insights into Banco Macro’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Banco Macro reported Scope 1 greenhouse gas (GHG) emissions of 1,080.55 tCO₂e and total revenues of USD 4,385 millions. This translates into an emissions intensity of 0.25 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 2024, Banco Macro reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 0.87, 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 2024, Banco Macro ranked 3 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 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 2024, Banco Macro reported a total carbon footprint of 2,318.1 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 68.14% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Banco Macro's total carbon footprint was Scope 1 emissions, accounting for 46.61% of the company's total carbon footprint, followed by Scope 2 emissions at 46.61%.a