Credicorp Ltd
Credicorp's GHG Emissions Data Preview
In 2023, Credicorp 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).
Credicorp 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) | 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 |
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Verified Sources Behind Credicorp’s Greenhouse Gas (GHG) Emissions Data
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Insights into Credicorp's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Credicorp amounted to 19,184.02 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 Credicorp increased by 5.73%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Credicorp's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Credicorp's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Credicorp were 2,321.2 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Credicorp's Scope 1 emissions increased by 12.39%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Credicorp's Scope 2 emissions?
In 2023, Credicorp reported Scope 2 greenhouse gas (GHG) emissions of 16,862.82 tCO₂e without specifying the calculation method. a
Has Credicorp reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Credicorp's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Credicorp 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Credicorp use for Scope 2 reporting?
In 2023, Credicorp reported its Scope 2 emissions using an unspecified methodology. a
Credicorp's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Credicorp's Value Chain Emissions
In 2023, Credicorp reported 25,706.52 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 Credicorp 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
Credicorp's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Credicorp's Scope 3 emissions?
In 2023, Credicorp reported total Scope 3 emissions of 25,706.52 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), Credicorp's Scope 3 emissions remained relatively stable, indicating that Credicorp 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Credicorp disclose?
In 2023, Credicorp 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 Credicorp's Scope 3 emissions?
In 2023, the largest contributors to Credicorp's Scope 3 emissions were: a
- Employee Commuting (Cat. 7): 16,363.27 tCO₂e (63.65%)
- Business Travel (Cat. 6): 4,965.71 tCO₂e (19.32%)
- Purchased Goods and Services (Cat. 1): 2,421.43 tCO₂e (9.42%)
Credicorp's Scope 3 Emissions by Categories
Insights into Credicorp’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Credicorp reported Scope 1 greenhouse gas (GHG) emissions of 2,321.2 tCO₂e and total revenues of USD 5,292 millions. This translates into an emissions intensity of 0.44 tCO₂e per millions USD. a
Credicorp's Scope 1 Emissions Intensity Compared to Peers
How does Credicorp's GHG emissions intensity compare to its peers?
In 2023, Credicorp reported a Scope 1 emissions intensity of 0.44 tCO₂e per millions USD. Compared to the peer group median of 0.83, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Credicorp rank on GHG emissions intensity within its industry?
In 2023, Credicorp ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Credicorp is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Credicorp's Total Carbon Footprint
In 2023, Credicorp reported a total carbon footprint of 44,890.54 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.28% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Credicorp's total carbon footprint was Scope 3 emissions, accounting for 57.26% of the company's total carbon footprint, followed by Scope 2 emissions at 37.56%. a