Abc Brasil, officially known as Abc Brasil S.A., is a prominent financial institution headquartered in Brazil. Established in 1989, the company has carved a niche in the banking sector, primarily focusing on corporate and investment banking services. With a strong presence in major operational regions across Brazil, Abc Brasil has consistently delivered innovative financial solutions tailored to meet the diverse needs of its clients. The bank's core offerings include structured finance, asset management, and advisory services, distinguished by their commitment to customised solutions and client-centric approaches. Over the years, Abc Brasil has achieved significant milestones, solidifying its market position as a trusted partner for businesses seeking financial expertise. With a reputation for excellence and a robust portfolio, Abc Brasil continues to play a vital role in the Brazilian financial landscape.
How does Abc Brasil'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.
Abc Brasil's score of 37 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Abc Brasil reported total carbon emissions of approximately 92,552,000 kg CO2e, with Scope 1 emissions at about 1,435,000 kg CO2e and Scope 2 emissions at around 14,220,000 kg CO2e. This data reflects a significant increase in emissions compared to previous years, where in 2022, the total emissions were approximately 8,463,000 kg CO2e, with Scope 1 at 122,000 kg CO2e and Scope 2 at about 8,443,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2023, but in 2022, Scope 3 emissions were reported at approximately 602,100 kg CO2e, primarily from business travel. Abc Brasil has not set specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The emissions data is cascaded from its parent company, Banco ABC Brasil S.A., which is the source of the performance metrics and emissions disclosures. Overall, while Abc Brasil has made strides in reporting its emissions, the lack of reduction targets and the increase in total emissions highlight the need for enhanced climate action and commitment to sustainability.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 96,890 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 71,780 | 0,000,000 | - | 00,000,000 |
| Scope 3 | 147,660 | 000,000 | 000,000 | - |
Abc Brasil's Scope 3 emissions, which increased by 33% last year and increased by approximately 308% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Abc Brasil has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
