Banco de Credito e Inversiones

Common Name
BCI
Country
Chile
Sector
Financial Services
Industry
Banks - Regional
Employees
11,209
Ticker
BCI
Exchange
SANTIAGO STOCK EXCHANGE
Website
www.bci.cl
Description
Banco de Crédito e Inversiones S.A. is a prominent financial institution in Chile, known for providing a comprehensive suite of banking and financial services. Its primary function is to offer persona...

BCI's GHG Emissions Data Preview

In 2023, BCI 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).

BCI has also provided a category-level breakdown for 7 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 BCI’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 BCI’s data sources below and access millions more through our Disclosure Search.

a. BCI's Annual Report 2023
a. BCI's Annual Report 2023

Insights into BCI's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of BCI amounted to 4,631 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 BCI decreased by 23.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

BCI's Scope 1 Emissions Over Time

20182019202020212022202302505007501 ktCO2e+1%+5%-35%+1%-34%
  • Total Scope 1
  • Year-over-Year Change

What are BCI's Scope 1 emissions?

In 2023, the total Scope 1 emissions of BCI were 395 metric tons of CO₂ equivalent (tCO₂e). a

Has BCI reduced its Scope 1 emissions over time?

Since 2018, BCI's Scope 1 emissions have decreased by 54.18%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), BCI's Scope 1 emissions decreased by 34.06%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are BCI's Scope 2 emissions?

In 2023, BCI reported Scope 2 greenhouse gas (GHG) emissions of 2,403 tCO₂e using the market-based method and 4,236 tCO₂e using the location-based method. a

Has BCI reduced its Scope 2 emissions over time?

Since 2018, BCI's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 58.68%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), BCI's Scope 2 emissions (Location-Based) fell by 22.56% 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 BCI use for Scope 2 reporting?

In 2023, BCI reported its Scope 2 emissions using the market-based method and using the location-based method. a

BCI's Scope 2 Emissions Over Time

20182019202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into BCI's Value Chain Emissions

In 2023, BCI reported 10,567 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 BCI includes a breakdown across 7 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

BCI's Scope 3 Emissions Over Time

20182019202020212022202303.5 k7 k10.5 k14 ktCO2e-5%-23%+35%-27%+21%
  • Total Scope 3
  • Year-over-Year Change

What are BCI's Scope 3 emissions?

In 2023, BCI reported total Scope 3 emissions of 10,567 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 97.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.3% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has BCI reduced its Scope 3 emissions over time?

Since 2018, BCI's Scope 3 emissions have decreased by 12.15%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), BCI's Scope 3 emissions increased by 20.64%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does BCI disclose?

In 2023, BCI 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 BCI's Scope 3 emissions?

In 2023, the largest contributors to BCI's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 8,096 tCO₂e (76.61%)
  • Business Travel (Cat. 6): 1,156 tCO₂e (10.94%)
  • Upstream Transportation and Distribution (Cat. 4): 592 tCO₂e (5.6%)

BCI's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(10.9%)Employee Commuting(Cat. 7)(76.6%)UpstreamTransportation andDistribution(Cat. 4)(5.6%)

Insights into BCI’s GHG Emissions Intensity Compared to Industry Peers

In 2023, BCI reported Scope 1 greenhouse gas (GHG) emissions of 395 tCO₂e and total revenues of USD 3,328 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD. a

BCI's Scope 1 Emissions Intensity Compared to Peers

502001,0005,00050,000Scope 1 Emissions (tCO2e)2001,0002,00010,00020,000Revenues (Millions of USD)SBanco Itau ChileYear: 2023Scope 1: 261 tCO2eRevenue: $M 1,701Scope 1 Intensity: 0.15 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$MTurkiye Garanti BankasiYear: 2024Scope 1: 16,820 tCO2eRevenue: $M 8,120Scope 1 Intensity: 2.07 tCO2e/$MBank of BeijingYear: 2023Scope 1: 164 tCO2eRevenue: $M 9,321Scope 1 Intensity: 0.02 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MWoori Financial GroupYear: 2023Scope 1: 10,954 tCO2eRevenue: $M 9,235Scope 1 Intensity: 1.19 tCO2e/$MWebster FinancialYear: 2024Scope 1: 3,846 tCO2eRevenue: $M 2,579Scope 1 Intensity: 1.49 tCO2e/$MMalayan BankingYear: 2024Scope 1: 11,761 tCO2eRevenue: $M 6,268Scope 1 Intensity: 1.88 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.05 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MBank Leumi Le IsraelYear: 2024Scope 1: 2,950 tCO2eRevenue: $M 6,046Scope 1 Intensity: 0.49 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$MChina Zheshang BankYear: 2024Scope 1: 3,464 tCO2eRevenue: $M 9,016Scope 1 Intensity: 0.38 tCO2e/$MFlagstar BankYear: 2023Scope 1: 4,136 tCO2eRevenue: $M 3,633Scope 1 Intensity: 1.14 tCO2e/$MBank of Ireland GroupYear: 2024Scope 1: 3,537 tCO2eRevenue: $M 4,643Scope 1 Intensity: 0.76 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MBanco de ChileYear: 2023Scope 1: 4,016 tCO2eRevenue: $M 3,374Scope 1 Intensity: 1.19 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MKasikornbankYear: 2023Scope 1: 15,468 tCO2eRevenue: $M 5,949Scope 1 Intensity: 2.60 tCO2e/$MBCIYear: 2023Scope 1: 395 tCO2eRevenue: $M 3,328Scope 1 Intensity: 0.12 tCO2e/$M

How does BCI's GHG emissions intensity compare to its peers?

In 2023, BCI reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 0.81 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does BCI rank on GHG emissions intensity within its industry?

In 2023, BCI ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places BCI among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into BCI's Total Carbon Footprint

In 2023, BCI reported a total carbon footprint of 15,198 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.5% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to BCI's total carbon footprint was Scope 3 emissions, accounting for 69.53% of the company's total carbon footprint, followed by Scope 2 emissions at 27.87%. a

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