Itaúsa, officially known as Itaúsa - Investimentos Itaú S.A., is a prominent Brazilian investment holding company headquartered in São Paulo, Brazil. Founded in 1970, Itaúsa has established itself as a key player in the financial services sector, primarily focusing on banking, insurance, and investment management. The company operates mainly in Brazil, with significant influence in Latin America, and is known for its strategic investments in various sectors, including retail and energy. Itaúsa's core offerings include asset management and private equity, distinguished by a commitment to sustainable growth and innovation. With a strong market position, Itaúsa has achieved notable milestones, including its consistent ranking among the largest investment firms in Brazil, reflecting its robust portfolio and strategic vision for long-term value creation.
How does Itaúsa'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.
Itaúsa's score of 34 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Itaúsa reported total carbon emissions of approximately 242,510 kg CO2e. This figure includes Scope 1 emissions of about 830 kg CO2e, primarily from mobile combustion (360 kg CO2e), stationary combustion (420 kg CO2e), and fugitive emissions (40 kg CO2e). Scope 2 emissions accounted for approximately 6,080 kg CO2e, while Scope 3 emissions were significantly higher at about 235,610 kg CO2e, with major contributions from purchased goods and services (191,940 kg CO2e), employee commute (21,900 kg CO2e), and business travel (15,600 kg CO2e). As of 2023, no new emissions data has been disclosed, and Itaúsa has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or significant commitments to reduce its carbon footprint. All emissions data is sourced directly from Itaúsa S.A., with no cascaded data from parent or related organizations. Itaúsa's electricity consumption intensity metrics indicate a focus on energy efficiency, with approximately 60.63 kg CO2e per square metre and 143 kg CO2e per employee in 2022. However, without specific reduction targets or commitments, the company's future climate strategy remains unclear.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 830 |
Scope 2 | 6,080 |
Scope 3 | 235,610 |
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.
Itaúsa 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.