Credicorp Ltd
Credicorp's GHG Emissions Data Preview
In 2024, 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) | 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 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 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 |
aVerified Sources Behind Credicorp’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 Credicorp’s data sources below and access millions more through our Disclosure Search.
Insights into Credicorp's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Credicorp amounted to 17,902 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 Credicorp decreased by 6.68%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Credicorp's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Credicorp's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Credicorp were 5,041 metric tons of CO₂ equivalent (tCO₂e).a
Has Credicorp reduced its Scope 1 emissions over time?
Since 2022, Credicorp's Scope 1 emissions have increased by 144.08%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Credicorp's Scope 1 emissions increased by 117%, 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 2024, Credicorp reported Scope 2 greenhouse gas (GHG) emissions of 4,106 tCO₂e using the market-based method and 12,861 tCO₂e using the location-based method.a
Has Credicorp reduced its Scope 2 emissions over time?
Since 2022, Credicorp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 20.01%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Credicorp's Scope 2 emissions (Location-Based) fell by 23.72% 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 Credicorp use for Scope 2 reporting?
In 2024, Credicorp reported its Scope 2 emissions using the market-based method and using the location-based method.a
Credicorp's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Credicorp's Value Chain Emissions
In 2024, Credicorp reported 27,590 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 Credicorp includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Credicorp's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Credicorp's Scope 3 emissions?
In 2024, Credicorp reported total Scope 3 emissions of 27,590 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
Has Credicorp reduced its Scope 3 emissions over time?
Since 2022, Credicorp's Scope 3 emissions have decreased by 99.13%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Credicorp's Scope 3 emissions decreased by 97.38%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Credicorp disclose?
In 2024, 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 2024, the largest contributors to Credicorp's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 16,555 tCO₂e (60%)
- Business Travel (Cat. 6): 6,815 tCO₂e (24.7%)
- Purchased Goods and Services (Cat. 1): 1,997 tCO₂e (7.24%)
Credicorp's Scope 3 Emissions by Categories
Insights into Credicorp’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Credicorp reported Scope 1 greenhouse gas (GHG) emissions of 5,041 tCO₂e and total revenues of USD 1,590 millions. This translates into an emissions intensity of 3.17 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 2024, Credicorp reported a Scope 1 emissions intensity of 3.17 tCO₂e per millions USD. Compared to the peer group median of 1.05, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Credicorp rank on GHG emissions intensity within its industry?
In 2024, Credicorp ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Credicorp among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Credicorp's Total Carbon Footprint
In 2024, Credicorp reported a total carbon footprint of 45,492 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 95.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Credicorp's total carbon footprint was Scope 3 emissions, accounting for 60.65% of the company's total carbon footprint, followed by Scope 2 emissions at 28.27%.a