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B3, officially known as B3 S.A. – Brasil, Bolsa, Balcão, is a leading securities and commodity exchange 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 market.
The exchange operates primarily in the securities and commodities sector, offering a diverse range of products and services, including equities, derivatives, and fixed income. B3 is renowned for its innovative trading platforms and robust regulatory framework, which enhance market transparency and efficiency.
With a strong market presence, B3 has achieved significant milestones, including the introduction of new financial instruments and the expansion of its trading services, solidifying its reputation as a key hub for investors in Brazil and beyond.
+5 vs industry average
B3’s score of 59 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Securities and Commodity Exchanges is among the least carbon-intensive industries
The Securities and Commodity Exchanges industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
B3, a Securities and Commodity Exchanges company headquartered in BR, reported estimated total carbon emissions of 26,124,010 kg CO2e for 2025. This includes 1,266,720 kg CO2e from Scope 1, approximately 35,540 kg CO2e from Scope 2 (market-based), and an estimated 24,821,750 kg CO2e from Scope 3. Key contributors to Scope 3 emissions in 2025 were purchased goods and services (15,161,660 kg CO2e), capital goods (4,640,610 kg CO2e), and investments (2,608,050 kg CO2e).
For 2024, B3's estimated total carbon emissions were 1,933,190 kg CO2e, comprising 274,550 kg CO2e from Scope 1, 39,900 kg CO2e from Scope 2 (market-based), and 1,618,690 kg CO2e from Scope 3. In 2023, the company reported estimated total emissions of 2,679,160 kg CO2e, with Scope 1 at 739,480 kg CO2e, Scope 2 (market-based) at 259,950 kg CO2e, and Scope 3 at 1,679,730 kg CO2e.
Looking back, B3's emissions have fluctuated. In 2022, reported Scope 1 emissions were 345,720 kg CO2e, with Scope 3 at 1,238,620 kg CO2e. In 2021, estimated total emissions were 5,220,640 kg CO2e, including 60,200 kg CO2e from Scope 1, 4,140,500 kg CO2e from Scope 2 (location-based), and 1,019,940 kg CO2e from Scope 3.
B3 has not publicly committed to any specific, measurable carbon reduction targets, such as those validated by the Science Based Targets initiative (SBTi) or participation in initiatives like The Climate Pledge. The company discloses emissions data for Scope 1, Scope 2, and Scope 3.
No climate goals have been disclosed for B3 yet.
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