B3, officially known as B3 S.A. – Brasil, Bolsa, Balcão, is a leading financial market infrastructure provider headquartered in São Paulo, Brazil. Established in 2017 through the merger of BM&FBOVESPA and Cetip, B3 has rapidly positioned itself as a pivotal player in the Latin American financial landscape, serving a diverse range of clients across the region. Operating primarily in the financial services industry, B3 offers a comprehensive suite of products and services, including trading, clearing, and settlement of securities, derivatives, and commodities. Its unique integration of various market segments enhances operational efficiency and provides clients with a seamless trading experience. Recognised for its innovation and robust technology, B3 has achieved significant milestones, including the introduction of new trading platforms and the expansion of its product offerings, solidifying its status as a market leader in Brazil and beyond.
How does B3'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 Business Services 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.
B3's score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, B3 S.A. - Brasil, Bolsa, Balcão reported total carbon emissions of approximately 52,232,151.1 kg CO2e. This includes Scope 1 emissions of about 75,000 kg CO2e, Scope 2 emissions of approximately 890,000 kg CO2e (with a market-based total of 3,996,000 kg CO2e), and significant Scope 3 emissions. In 2023, B3's emissions totalled around 2,679,160 kg CO2e, comprising 739,480 kg CO2e from Scope 1, 259,950 kg CO2e from Scope 2 (market-based), and 1,679,730 kg CO2e from Scope 3. The previous year, 2022, saw total emissions of about 2,068,730 kg CO2e, with Scope 1 at 345,720 kg CO2e, Scope 2 (market-based) at 484,400 kg CO2e, and Scope 3 at 1,238,610 kg CO2e. B3 has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented climate pledges. The emissions data is not cascaded from any parent organization, indicating that B3 independently reports its emissions. Overall, B3's emissions profile reflects a significant reliance on Scope 3 emissions, highlighting the importance of addressing indirect emissions in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,135,060 | 00,000 | 00,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 2,183,220 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 1,635,690 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000.0 |
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.
B3 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.
