- Increase in operating costs due to the implementation and monitoring of ethical management systems.
- Difficulty adapting to environmental changes that can generate ethical dilemmas or conflicts.
- Exposure to reputational risks in case of non-compliance, fraud, corruption, or malpractice.
- Loss of business opportunities if the bank refuses or limits its relationship with clients, suppliers, or shareholders who do not share its ethical principles and values.
Banco de la Producción S.A. Produbanco y sus Subsidiarias
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Banco de la Producción S.A. Produbanco y sus Subsidiarias disclosed greenhouse gas emissions of 3.9K tCO2e. By scope: Scope 1: 461.7 tCO2e; Scope 2: 680.72 tCO2e; Scope 3: 2.8K tCO2e. 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
3.9K tCO2e
2023
Waste
89.2K kg
2023
Energy Use
7.4K Kw/h
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). | 461.7 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 680.72 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.8K tCO2e |
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 | 3.9K tCO2e |
| 2022 | 410.8K tCO2eq (2021 baseline) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Obtained Carbon Neutrality certification for the fourth consecutive year.
- Implemented solar panels in the Brasil Agency in Quito.
- Construction of the administrative building in Cuenca with Edge Certification.
- Reduced absolute emissions by 10% compared to the base year (scope 1+2+3).
- Reduced emissions by 22.64% in scope 3.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Improve employee satisfaction in six critical management processes by December 2024.
📅 Medium-term
- Reduce emissions by 46.21% in scopes 1 and 2, and 45.50% in scope 3 by 2030 (compared to 2019).
🔭 Long-term
- Net-zero emissions by 2050.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance