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Grupo Security SA

Common Name
Grupo Security
Country
Chile
Sector
Financial Services
Industry
Banks - Regional
Employees
3,629
Ticker
SECURITY
Exchange
SANTIAGO STOCK EXCHANGE
Description
Grupo Security S.A. is a leading financial services company based in Chile, primarily engaging in the provision of a diverse array of financial products and services. Established as a conglomerate, it...

Grupo Security's GHG Emissions Data Preview

In 2023, Grupo Security 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).

Grupo Security 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)2023202220212020-2019
Total Scope 1
140a
85a
184a
Total Scope 2
Location-Based
1,549a
1,924b
2,637b
Total Scope 3
6,014a
4,394a
4,186a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.085a
0.0589a
0.1111a
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Verified Sources Behind Grupo Security’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.

a. Grupo Security's Integrated Report 2023
b. Grupo Security's Integrated Report 2022

Insights into Grupo Security's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Grupo Security amounted to 1,689 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 Grupo Security decreased by 15.93%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Grupo Security's Scope 1 Emissions Over Time

20192020202120222023065130195260tCO2e-10%-17%-54%+65%
  • Total Scope 1
  • Year-over-Year Change

What are Grupo Security's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Grupo Security were 140 metric tons of CO₂ equivalent (tCO₂e).a

Has Grupo Security reduced its Scope 1 emissions over time?

Since 2019, Grupo Security's Scope 1 emissions have decreased by 42.86%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2022), Grupo Security's Scope 1 emissions increased by 64.71%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Grupo Security's Scope 2 emissions?

In 2023, Grupo Security reported Scope 2 greenhouse gas (GHG) emissions of 1,549 tCO₂e using the location-based method.a

Has Grupo Security reduced its Scope 2 emissions over time?

Since 2019, Grupo Security's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 57.08%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2022), Grupo Security's Scope 2 emissions (Location-Based) fell by 19.49% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Grupo Security use for Scope 2 reporting?

In 2023, Grupo Security reported its Scope 2 emissions using the location-based method.a

Grupo Security's Scope 2 Emissions Over Time

2019202020212022202309501.9 k2.85 k3.8 ktCO2e
  • Total Scope 2 Location-Based

Insights into Grupo Security's Value Chain Emissions

In 2023, Grupo Security reported 6,014 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 Grupo Security 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

Grupo Security's Scope 3 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e-49%+1%+5%+37%
  • Total Scope 3
  • Year-over-Year Change

What are Grupo Security's Scope 3 emissions?

In 2023, Grupo Security reported total Scope 3 emissions of 6,014 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 Grupo Security reduced its Scope 3 emissions over time?

Since 2019, Grupo Security's Scope 3 emissions have decreased by 25.92%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2022), Grupo Security's Scope 3 emissions increased by 36.87%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Grupo Security disclose?

In 2023, Grupo Security 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 Grupo Security's Scope 3 emissions?

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

  • Employee Commuting (Cat. 7): 2,030 tCO₂e (33.75%)
  • Business Travel (Cat. 6): 1,688 tCO₂e (28.07%)
  • Downstream Transportation and Distribution (Cat. 9): 1,144 tCO₂e (19.02%)

Grupo Security's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(33.8%)Business Travel(Cat. 6)(28.1%)DownstreamTransportation andDistribution(Cat. 9)(19.0%)

Insights into Grupo Security’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Grupo Security reported Scope 1 greenhouse gas (GHG) emissions of 140 tCO₂e and total revenues of USD 1,647 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD.a

Grupo Security's Scope 1 Emissions Intensity Compared to Peers

0.52050020,0001,000,000Scope 1 Emissions (tCO2e)1002001,0002,0005,000Revenues (Millions of USD)TSKBYear: 2024Scope 1: 628 tCO2eRevenue: $M 482Scope 1 Intensity: 1.30 tCO2e/$MClose Brothers GroupYear: 2024Scope 1: 2,083 tCO2eRevenue: $M 916Scope 1 Intensity: 2.27 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$MO-BankYear: 2023Scope 1: 287 tCO2eRevenue: $M 306Scope 1 Intensity: 0.94 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MSouth Indian BankYear: 2023Scope 1: 201 tCO2eRevenue: $M 980Scope 1 Intensity: 0.21 tCO2e/$MBanco ABC BrasilYear: 2024Scope 1: 39 tCO2eRevenue: $M 396Scope 1 Intensity: 0.10 tCO2e/$MBank Pan IndonesiaYear: 2024Scope 1: 270,110 tCO2eRevenue: $M 639Scope 1 Intensity: 422.54 tCO2e/$MNorion BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 333Scope 1 Intensity: 0.00 tCO2e/$MAmalgamated FinancialYear: 2023Scope 1: 72 tCO2eRevenue: $M 286Scope 1 Intensity: 0.25 tCO2e/$MDah Sing Financial HoldingsYear: 2023Scope 1: 96 tCO2eRevenue: $M 799Scope 1 Intensity: 0.12 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 835Scope 1 Intensity: 4.08 tCO2e/$MBanca IFISYear: 2024Scope 1: 1,974 tCO2eRevenue: $M 591Scope 1 Intensity: 3.34 tCO2e/$MAlliance Bank MalaysiaYear: 2024Scope 1: 26 tCO2eRevenue: $M 428Scope 1 Intensity: 0.06 tCO2e/$MDah Sing Banking GroupYear: 2023Scope 1: 95 tCO2eRevenue: $M 757Scope 1 Intensity: 0.13 tCO2e/$MFEIBYear: 2023Scope 1: 307 tCO2eRevenue: $M 417Scope 1 Intensity: 0.74 tCO2e/$MAozora BankYear: 2023Scope 1: 95 tCO2eRevenue: $M 794Scope 1 Intensity: 0.12 tCO2e/$MGraubuendner KantonalbankYear: 2024Scope 1: 187 tCO2eRevenue: $M 587Scope 1 Intensity: 0.32 tCO2e/$MBannerYear: 2024Scope 1: 1,190 tCO2eRevenue: $M 609Scope 1 Intensity: 1.96 tCO2e/$MRBL BankYear: 2024Scope 1: 116 tCO2eRevenue: $M 1,853Scope 1 Intensity: 0.06 tCO2e/$MBanco Itau ChileYear: 2024Scope 1: 745 tCO2eRevenue: $M 1,633Scope 1 Intensity: 0.46 tCO2e/$MBCIYear: 2024Scope 1: 410 tCO2eRevenue: $M 3,045Scope 1 Intensity: 0.13 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$MBanco de ChileYear: 2025Scope 1: 3,121 tCO2eRevenue: $M 3,322Scope 1 Intensity: 0.94 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$M

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

In 2023, Grupo Security reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 0.29, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Grupo Security rank on GHG emissions intensity within its industry?

In 2023, Grupo Security ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Insights into Grupo Security's Total Carbon Footprint

In 2023, Grupo Security reported a total carbon footprint of 7,703 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.3% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Grupo Security's total carbon footprint was Scope 3 emissions, accounting for 78.07% of the company's total carbon footprint, followed by Scope 2 emissions at 20.11%.a

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