Banco Sicoob S.A., a prominent financial institution headquartered in Brazil, operates primarily in the cooperative banking sector. Established in 1997, Sicoob has grown to become one of the largest credit unions in the country, serving millions of members across various regions, including the Midwest and Southeast. The bank offers a diverse range of financial products and services, including personal and business loans, savings accounts, and investment options, all designed to meet the unique needs of its cooperative members. Sicoob distinguishes itself through its commitment to community development and member-centric approach, fostering financial inclusion and sustainability. With a strong market position, Banco Sicoob S.A. has achieved significant milestones, including recognition for its innovative banking solutions and contributions to the cooperative movement in Brazil.
How does Banco Sicoob S.A.'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.
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.
Banco Sicoob S.A.'s score of 26 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Sicoob S.A., headquartered in Brazil, currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Additionally, there are no documented reduction targets or climate pledges outlined by the bank. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and are committing to reducing their carbon footprints. As the industry evolves, it is likely that Banco Sicoob S.A. will align with these trends and establish its own climate commitments in the future.
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.
Banco Sicoob S.A. is not committed to any reduction initiatives 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.