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Banco Falabella neutralises the Greenhouse Gas (GHG) emissions, scope 1, 2 and 3 associated with its 2021 operation, both in corporate offices and in its more than 100 branches, after reducing its scope 1 and 2 emissions by 95% compared to 2020.

Initiative Summary:
  • SCX Code: 0122–E1783B06
  • Initiative of: Banco Falabella
  • Neutralization object: ORGANIZATION (period 2021)
  • Volume tonCO2: 9,000 tCO2
  • Effective date: 04-30-2023
  • Footprint meter: ProyectaE
  • Footprint verifier: GEOInvest
  • Reduction Project: Monte Redondo (Chile)
  • Registry: CDM Registry

Within the framework of Falabella Financiero’s corporate sustainability strategy, Banco Falabella has developed a series of actions that have allowed progress in reducing its carbon footprint and strengthening its commitment to the environment.

The emissions inventory made it possible to identify that a large part of scope 3 is given by the transfer of customers to the branches, therefore, work is being done on the digitization and simplification of processes so that they are easily accessible to customers from anywhere and at any time, without the need to go to a branch. In addition, work is being done on energy efficiency initiatives, waste management, among others.

ID Code: 0122–E1783B06