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Intercorp Financial Services Inc

Common Name
Intercorp Financial Services
Country
Peru
Sector
Financial Services
Industry
Banks - Regional
Employees
9,229
Ticker
IFS
Exchange
New York Stock Exchange
Website
ifs.com.pe
Description
Intercorp Financial Services Inc. is a financial holding company based in Peru, primarily focused on providing a diverse range of financial products and services. The company's core mission is to enha...

Intercorp Financial Services's GHG Emissions Data Preview

In 2024, Intercorp Financial Services 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).

Intercorp Financial Services has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
643.96a
1,416.64a
419.49a
Total Scope 2
Market-Based
1,714.32a
3,508.55a
2,413.3a
Location-Based
1,714.31a
3,508.55a
3,022.56a
Total Scope 3
7,595.1a
8,424.785b
8,890.43a
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.3701a
0.8571a
0.2861a
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Verified Sources Behind Intercorp Financial Services’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. Intercorp Financial Services's Sustainability Report 2024
b. Intercorp Financial Services's Sustainability Report 2023

Insights into Intercorp Financial Services's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Intercorp Financial Services amounted to 2,358.27 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 Intercorp Financial Services decreased by 52.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Intercorp Financial Services's Scope 1 Emissions Over Time

2020202120222023202404008001.2 k1.6 ktCO2e-8%+7%+238%-55%
  • Total Scope 1
  • Year-over-Year Change

What are Intercorp Financial Services's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Intercorp Financial Services were 643.96 metric tons of CO₂ equivalent (tCO₂e).a

Has Intercorp Financial Services reduced its Scope 1 emissions over time?

Since 2020, Intercorp Financial Services's Scope 1 emissions have increased by 50.3%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Intercorp Financial Services's Scope 1 emissions decreased by 54.54%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Intercorp Financial Services's Scope 2 emissions?

In 2024, Intercorp Financial Services reported Scope 2 greenhouse gas (GHG) emissions of 1,714.32 tCO₂e using the market-based method and 1,714.31 tCO₂e using the location-based method.a

Has Intercorp Financial Services reduced its Scope 2 emissions over time?

Since 2020, Intercorp Financial Services's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 42.67%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Intercorp Financial Services's Scope 2 emissions (Location-Based) fell by 51.14% 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 Intercorp Financial Services use for Scope 2 reporting?

In 2024, Intercorp Financial Services reported its Scope 2 emissions using the market-based method and using the location-based method.a

Intercorp Financial Services's Scope 2 Emissions Over Time

2020202120222023202409001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Intercorp Financial Services's Value Chain Emissions

In 2024, Intercorp Financial Services reported 7,595.1 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 Intercorp Financial Services includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, down from 15 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Intercorp Financial Services's Scope 3 Emissions Over Time

2020202120222023202403.5 k7 k10.5 k14 ktCO2e+84%-35%-5%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Intercorp Financial Services's Scope 3 emissions?

In 2024, Intercorp Financial Services reported total Scope 3 emissions of 7,595.1 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 96.5% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.5% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Intercorp Financial Services reduced its Scope 3 emissions over time?

Since 2020, Intercorp Financial Services's Scope 3 emissionshave remained relatively stable, indicating that Intercorp Financial Services's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), Intercorp Financial Services's Scope 3 emissions remained relatively stable, indicating that Intercorp Financial Services's emissions have plateaued with no significant change in its value chain footprint.ab

What categories of Scope 3 emissions does Intercorp Financial Services disclose?

In 2024, Intercorp Financial Services reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Intercorp Financial Services's Scope 3 emissions?

In 2024, the largest contributors to Intercorp Financial Services's Scope 3 emissions were:a

  • Employee Commuting (Cat. 7): 3,726.95 tCO₂e (49.07%)
  • Business Travel (Cat. 6): 1,098.36 tCO₂e (14.46%)
  • Upstream Transportation and Distribution (Cat. 4): 830.77 tCO₂e (10.94%)

Intercorp Financial Services's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(49.1%)UpstreamTransportation andDistribution(Cat. 4)(10.9%)Business Travel(Cat. 6)(14.5%)

Insights into Intercorp Financial Services’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Intercorp Financial Services reported Scope 1 greenhouse gas (GHG) emissions of 643.96 tCO₂e and total revenues of USD 1,740 millions. This translates into an emissions intensity of 0.37 tCO₂e per millions USD.a

Intercorp Financial Services's Scope 1 Emissions Intensity Compared to Peers

1050020,0001,000,00050,000,000Scope 1 Emissions (tCO2e)2005001,0005,00010,000Revenues (Millions of USD)SCSBYear: 2024Scope 1: 2,332 tCO2eRevenue: $M 1,561Scope 1 Intensity: 1.49 tCO2e/$MSparebank 1 Sor-NorgeYear: 2023Scope 1: 28 tCO2eRevenue: $M 833Scope 1 Intensity: 0.03 tCO2e/$MKakaoBankYear: 2024Scope 1: 59 tCO2eRevenue: $M 1,039Scope 1 Intensity: 0.06 tCO2e/$MChiba BankYear: 2024Scope 1: 2,444 tCO2eRevenue: $M 1,469Scope 1 Intensity: 1.66 tCO2e/$MRHB BankYear: 2024Scope 1: 402 tCO2eRevenue: $M 1,903Scope 1 Intensity: 0.21 tCO2e/$MAL SydbankYear: 2024Scope 1: 322 tCO2eRevenue: $M 1,052Scope 1 Intensity: 0.31 tCO2e/$MShizuoka Financial GroupYear: 2024Scope 1: 1,099 tCO2eRevenue: $M 1,518Scope 1 Intensity: 0.72 tCO2e/$MBanca GeneraliYear: 2023Scope 1: 433 tCO2eRevenue: $M 1,017Scope 1 Intensity: 0.43 tCO2e/$MYes BankYear: 2025Scope 1: 4,586 tCO2eRevenue: $M 1,765Scope 1 Intensity: 2.60 tCO2e/$MJyske BankYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,967Scope 1 Intensity: 0.33 tCO2e/$MRakuten BankYear: 2023Scope 1: 8,407,135 tCO2eRevenue: $M 605Scope 1 Intensity: 13,905.34 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MColumbia Banking SystemYear: 2024Scope 1: 4,978 tCO2eRevenue: $M 1,929Scope 1 Intensity: 2.58 tCO2e/$MIndusind BankYear: 2025Scope 1: 20,425 tCO2eRevenue: $M 3,128Scope 1 Intensity: 6.53 tCO2e/$MFIBIYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 1,797Scope 1 Intensity: 0.84 tCO2e/$MYokohama Financial GroupYear: 2024Scope 1: 885 tCO2eRevenue: $M 1,892Scope 1 Intensity: 0.47 tCO2e/$MKomercni BankaYear: 2023Scope 1: 1,820 tCO2eRevenue: $M 1,615Scope 1 Intensity: 1.13 tCO2e/$MChang Hwa Commercial BankYear: 2023Scope 1: 2,134 tCO2eRevenue: $M 1,264Scope 1 Intensity: 1.69 tCO2e/$MBanca Popolare di SondrioYear: 2024Scope 1: 3,441 tCO2eRevenue: $M 1,859Scope 1 Intensity: 1.85 tCO2e/$MFederal BankYear: 2025Scope 1: 2,111 tCO2eRevenue: $M 1,685Scope 1 Intensity: 1.25 tCO2e/$MUnicaja BancoYear: 2024Scope 1: 1,595 tCO2eRevenue: $M 2,215Scope 1 Intensity: 0.72 tCO2e/$MBanco BBVA PeruYear: 2024Scope 1: 3,752 tCO2eRevenue: $M 2,092Scope 1 Intensity: 1.79 tCO2e/$MBanco de Credito del PeruYear: 2024Scope 1: 4,041 tCO2eRevenue: $M 4,821Scope 1 Intensity: 0.84 tCO2e/$MBanco Internacional del PeruYear: 2024Scope 1: 619 tCO2eRevenue: $M 538Scope 1 Intensity: 1.15 tCO2e/$MCredicorpYear: 2024Scope 1: 5,041 tCO2eRevenue: $M 1,685Scope 1 Intensity: 2.99 tCO2e/$MIntercorp Financial ServicesYear: 2024Scope 1: 644 tCO2eRevenue: $M 1,740Scope 1 Intensity: 0.37 tCO2e/$M

How does Intercorp Financial Services's GHG emissions intensity compare to its peers?

In 2024, Intercorp Financial Services reported a Scope 1 emissions intensity of 0.37 tCO₂e per millions USD. Compared to the peer group median of 1.13, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Intercorp Financial Services rank on GHG emissions intensity within its industry?

In 2024, Intercorp Financial Services ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Intercorp Financial Services is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Intercorp Financial Services's Total Carbon Footprint

In 2024, Intercorp Financial Services reported a total carbon footprint of 9,953.37 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.44% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Intercorp Financial Services's total carbon footprint was Scope 3 emissions, accounting for 76.31% of the company's total carbon footprint, followed by Scope 2 emissions at 17.22%.a

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