Itaú Unibanco S.A., commonly referred to as Itaú, is a leading financial institution headquartered in São Paulo, Brazil. Founded in 1945, it has grown to become one of the largest banks in Latin America, with a significant presence across various regions, including South America and beyond. Operating primarily in the banking and financial services industry, Itaú offers a diverse range of products and services, including retail banking, corporate banking, investment services, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Itaú has achieved notable milestones, such as being listed among the top banks globally by assets and market capitalisation. With a strong focus on sustainability and digital transformation, Itaú continues to solidify its position as a key player in the financial sector.
How does Itaú Unibanco 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.
Itaú Unibanco S.A.'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.
Itaú Unibanco S.A., headquartered in Brazil, currently does not provide specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not outlined any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As a financial institution, Itaú Unibanco is positioned within an industry that is increasingly focusing on sustainability and climate action. While no specific initiatives or targets have been disclosed, the bank's commitment to addressing climate change may evolve in response to global trends and regulatory pressures. In summary, Itaú Unibanco S.A. has not reported any carbon emissions data or reduction commitments at this time, reflecting a broader context of financial institutions navigating the complexities of climate accountability.
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.
Itaú Unibanco S.A. 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.