Potential offtaker

Banco de Credito e Inversiones (BCI)

www.bci.cl

Estimated electricity consumption

N/A

Countries of production presence

N/A

Banco de Credito e Inversiones (BCI) is one of the largest banks in Chile, with a strong presence in the country's financial sector. Founded in 1937, the bank has grown over the years to become a major player in the banking industry, with a focus on providing a wide range of financial services to its customers.

As a leading financial institution in Chile, BCI is committed to playing a key role in the country's transition towards a low-carbon economy. The bank recognizes the importance of decarbonisation and is actively working towards reducing its carbon footprint by implementing various sustainability initiatives.

One of the key areas where BCI is focusing its efforts is in the field of corporate energy. The bank has implemented a number of measures to reduce its energy consumption and increase its use of renewable energy sources. For example, BCI has installed solar panels on the roofs of its buildings to generate clean energy, and has also implemented energy-efficient lighting systems to reduce its electricity consumption.

In addition to these measures, BCI has also entered into several corporate power purchase agreements (PPAs) with renewable energy providers. These agreements allow the bank to purchase renewable energy directly from the source, thereby reducing its reliance on fossil fuels and contributing to the growth of the renewable energy sector in Chile.

BCI's commitment to decarbonisation and renewable energy is not limited to its own operations. The bank is also actively engaging with its customers to help them transition towards a low-carbon economy. BCI offers a range of financial products and services that are designed to support sustainable business practices, including loans for renewable energy projects and green bonds.

BCI's sustainability initiatives have been recognized by various organizations and industry bodies. In 2020, the bank was included in the Dow Jones Sustainability Index for the fifth consecutive year, which recognizes companies that demonstrate leadership in sustainability and social responsibility.

In addition to its sustainability initiatives, BCI is also focused on providing innovative financial products and services to its customers. The bank has a strong digital presence, with a range of online and mobile banking services that allow customers to manage their finances from anywhere, at any time.

BCI has also been at the forefront of the digital transformation of the banking industry in Chile. The bank has invested heavily in technology and innovation, and has launched a number of digital initiatives aimed at improving the customer experience and increasing efficiency.

Overall, Banco de Credito e Inversiones (BCI) is a leading financial institution in Chile that is committed to sustainability, innovation, and customer service. The bank's focus on decarbonisation and renewable energy, as well as its digital transformation initiatives, make it a key player in the country's banking sector.

✓ Declared Net Zero commitment