Climate Change Data

BanCoppel, S.A. Institución de Banca Múltiple

Climate Impact & Sustainability Data (2015-Q1 to 2022-Q3, 2017-01-01 to 2022-09-30)

Reporting Period: 2015-Q1 to 2022-Q3

Environmental Metrics

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Maintains an adequate organizational and corporate governance structure, considered 'Superior'.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Capitalization ratio of 14.0% in 2023 and 2024. Dividend distributions of P$173.0m in 2023 and P$345.0m in 2024.

Environmental Challenges

  • Decrease in basic and net capitalization ratio to 13.1% in Q3 2022 (vs. 21.0% in Q3 2021). This is due to increased risk-weighted assets (loan portfolio growth of 74.9% in the last 12 months), dividend distributions (P$2,090.0m in the last two years), and deductions to regulatory basic capital due to a higher amount of deferred taxes.
  • Increase in loan portfolio delinquency, although the adjusted delinquency rate decreased to 9.9% in Q3 2022 (vs. 19.6% in Q3 2021).
Mitigation Strategies
  • The bank expects to maintain a capitalization ratio of 14.0% in 2023 and 2024.
  • Expected increase in delinquency rate in 2023 and 2024 to levels observed in 2021 (12.6% in Q4 2023 and 14.6% in Q4 2024).

Supply Chain Management

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used:

Certifications:

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2017-01-01 to 2022-09-30

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Grupo Coppel applies a model of environmental sustainability based on recycling and reduction of CO2 emissions.

Social Achievements

  • Grupo Coppel created the Fundación Coppel to support the community in various ways.

Governance Achievements

  • BanCoppel's corporate governance manuals are aligned with best practices.

Climate Goals & Targets

Environmental Challenges

  • Impact of COVID-19 on profitability indicators.
  • High market risk exposure due to investment portfolio.
  • Regulatory capital index (ICAP) pressured by growth in business and housing loans.
  • High proportion of non-performing loans in consumer credit.
Mitigation Strategies
  • Intensive collection efforts, including new technologies.
  • Growth in business and housing loans (lower default rates).
  • Plans to increase ICAP through issuance of subordinated debt and dividend suspension.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • 8

Grupo Coppel addresses 8 priority SDGs defined by the UN.