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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are BCI's Scope 2 emissions?

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

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

BCI's Scope 3 Emissions by Categories

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

Insights into BCI's Total Carbon Footprint

In 2023, BCI reported a total carbon footprint of 15,198 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.