- Temperature increase impacting agricultural portfolio and branch operations
- Rapid advancement of artificial intelligence increasing cybersecurity risks
- Advancement of quantum computing posing threats to cryptographic controls
Banco del Estado de Chile
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Banco del Estado de Chile disclosed greenhouse gas emissions of 38.1K tCO2e/year. By scope: Scope 1: 2.5K tCO2e/year; Scope 2: 9.4K tCO2e/year; Scope 3: 26.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
38.1K tCO2e/year
2023
Renewable Energy
90.6%
of total energy
Water Usage
0.34 million m3/year
2023
Waste
4.9K tons/year
2023
Energy Use
41.0K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.5K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 9.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 26.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 38.1K tCO2e/year |
| 2021 | 18.7K tCO2e/year (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions (Scope 1, 2, and 3 data provided in Annex 2, but not explicitly quantified as a percentage reduction)
- Increased renewable energy share (significant increase in MWh from 2022 to 2023, detailed in section 13.2)
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve net-zero emissions for operational emissions by 2030
🔭 Long-term
- Achieve net-zero emissions for portfolio emissions by 2050
🌱 ESG Focus Areas
Operational eco-efficiencyJust decarbonization of the portfolioOffer of sustainable financial products (social and environmental)Inclusion and financial development of people, micro and small businessesCustomer experience and satisfactionDeployment of public policies and services for communities in needRespect for human rights throughout the value chainLabor relations and organizational climateTalent attraction and retentionComprehensive well-being of employeesTraining and development of human assetsWorkplace diversity and inclusionCorporate governance and ethical managementComprehensive ESG risk managementDigitization and innovation of our products, services, and service channelsCybersecurity and information securityCustomer data privacyResponsible sourcing throughout the supply chain