- Water scarcity in Panama Oeste.
- Climate change impacts (El Niño phenomenon causing irregular rainfall and drought).
- High unemployment rates.
- Economic inequality.
Banco General, S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Banco General, S.A. disclosed greenhouse gas emissions of 2.0K tCO2e/year (2022). 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
2.0K tCO2e/year (2022)
2023
Water Usage
13.0M gallons/year (2023)
2023
Waste
4.7K pounds of plastic waste collected in 2023
2023
Energy Use
1.3K MWh/year (2022)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 2.0K tCO2e/year (2022) |
| 2022 | 2.2K tCO2e/year (2021 verified) |
| 2020 | 8.0K tCO2e/year |
| 2017 | 10.8K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed solar panels in 9 branches, generating 1,922.9 MWh of renewable energy annually and reducing emissions by 198.06 tons of CO2 annually.
- Purchased 7 electric cars, reducing CO2 emissions by 17.65 tons per year.
- Installed a solar water heating system, expected to reduce approximately 3.4 tons of CO2 per year.
- Reduced carbon footprint by 9.02% from 2021 to 2022 (towards a 33% reduction goal by 2025).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce own operation's carbon footprint by 33% by 2025 (baseline year 2021).
- Be carbon neutral in own operation by 2025.
- Finance $105 million in solar energy by 2025.
- Grow financial education program to reach 10,000 people by 2025.
📅 Medium-term
- Increase by 3% the penetration of clients with one or more credit products in mass segments by 2026.
🌱 ESG Focus Areas
Climate ChangeFinancial InclusionEducation