Popular
Popular, Inc., commonly referred to as Popular, is a prominent financial services institution headquartered in the United States. Founded in 1893, the company has established a strong presence in the banking sector, particularly in Puerto Rico and the mainland U.S. Its core business areas include commercial and retail banking, mortgage lending, and wealth management services. With a commitment to innovation, Popular offers unique financial products tailored to meet the diverse needs of its customers. The company has achieved significant milestones, including its expansion into digital banking solutions, which enhance customer experience and accessibility. Recognised for its robust market position, Popular has garnered numerous accolades for its customer service and community engagement, solidifying its reputation as a trusted financial partner.
DitchCarbon Score
How does Popular's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Popular's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Popular's reported carbon emissions
In 2022, Popular reported carbon emissions of approximately 6,327,000 kg CO2e, all of which fall under Scope 2 emissions. This represents a significant decrease from 2021, when emissions were about 11,699,000 kg CO2e, and from 2020, which saw emissions of approximately 10,666,000 kg CO2e. The reduction in Scope 2 emissions indicates a positive trend in the company's efforts to manage its indirect emissions associated with purchased electricity, steam, heating, and cooling. Despite these reductions, there are currently no disclosed targets for further emissions reductions or commitments to the Science Based Targets initiative (SBTi). Popular's climate strategy appears to focus primarily on managing Scope 2 emissions, with no data available for Scope 1 or Scope 3 emissions. The company has not outlined specific climate pledges or initiatives aimed at broader sustainability goals. Overall, while Popular has made strides in reducing its Scope 2 emissions, the absence of formal reduction targets or comprehensive climate commitments suggests there is room for improvement in its overall climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 10,666,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Popular is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
