Banco Bradesco, officially known as Banco Bradesco S.A., is one of Brazil’s leading financial institutions, specialising in financial intermediation services excluding insurance and pension funding. Headquartered in Osasco, São Paulo, the bank operates extensively across Brazil, serving a diverse client base through a comprehensive range of banking products and services. Founded in 1943, Bradesco has grown significantly over the decades, establishing a strong market presence and a reputation for innovation within the financial sector.
The bank’s core offerings include retail banking, corporate banking, and asset management, with a focus on personalised service and technological integration. Recognised for its extensive branch network and digital banking solutions, Banco Bradesco maintains a prominent position in Brazil’s financial landscape. Its long-standing history and commitment to growth underscore its role as a key player in the country’s financial intermediation industry.
+15 vs industry average
Banco Bradesco’s score of 52 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Banco Bradesco?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Banco Bradesco's reported carbon emissions
Banco Bradesco, a financial intermediation services provider based in BR, has reported its carbon emissions for several years.
For 2024, the total emissions were approximately 13.13 billion kg CO2e. This breaks down into:
- Scope 1: Approximately 19.6 million kg CO2e
- Scope 2: Approximately 19.35 million kg CO2e (location-based)
- Scope 3: Approximately 13.11 billion kg CO2e, with the majority coming from investments (approximately 12.99 billion kg CO2e).
In 2023, total emissions were approximately 10.11 billion kg CO2e. This included Scope 1 emissions of about 16.5 million kg CO2e, Scope 2 emissions of around 13.93 million kg CO2e, and Scope 3 emissions totalling approximately 10.09 billion kg CO2e, of which investments accounted for roughly 9.97 billion kg CO2e.
Banco Bradesco is committed to achieving net zero carbon emissions by 2050. As a near-term goal, the company aims to reduce emissions by 50% by 2030, using 2019 as the base year. This translates to an annual reduction target of approximately 4.6% across scopes 1, 2, and 3. The bank is the first Brazilian bank to adhere to the Net-Zero Banking Alliance, committing to align its loan and investment portfolios to achieve net zero carbon emissions by 2050. Additionally, Banco Bradesco aims to allocate R$250 billion to social and environmental benefit assets, sectors, and activities by 2025.
In prior years, Bradesco reported:
- 2022: Total emissions of approximately 10.81 billion kg CO2e, with Scope 1 at 14.2 million kg CO2e, Scope 2 at 16.22 million kg CO2e, and Scope 3 at approximately 10.79 billion kg CO2e.
- 2021: Total emissions of approximately 10.31 billion kg CO2e, with Scope 1 at 14.2 million kg CO2e, Scope 2 at 20,000 kg CO2e, and Scope 3 at approximately 10.25 billion kg CO2e.
- 2020: Total emissions of approximately 142.91 million kg CO2e, including Scope 1 of 13.63 million kg CO2e, Scope 2 of 141.8 million kg CO2e (market-based), and Scope 3 of 129.14 million kg CO2e.
- 2019: Total emissions were approximately 237.84 million kg CO2e, with Scope 1 at 10.33 million kg CO2e, Scope 2 at 38.46 million kg CO2e, and Scope 3 at 189.16 million kg CO2e. In 2018, they worked towards reduction targets of 1.0% for Scope 1 and 4.7% for Scope 2.
- 2018: Total emissions of approximately 207.41 million kg CO2e, comprising Scope 1 at 13.59 million kg CO2e, Scope 2 at 37.58 million kg CO2e, and Scope 3 at 173.82 million kg CO2e.
- 2017: Total emissions of approximately 55.80 million kg CO2e, with Scope 1 at 8.03 million kg CO2e, Scope 2 at 47.76 million kg CO2e, and Scope 3 at 188.81 million kg CO2e.
- 2016: Total emissions of approximately 51.06 million kg CO2e, with Scope 1 at 6.35 million kg CO2e, Scope 2 at 44.71 million kg CO2e, and Scope 3 at 149.38 million kg CO2e.
- 2015: Total emissions of approximately 63.46 million kg CO2e, including Scope 1 at 4.71 million kg CO2e, Scope 2 at 58.75 million kg CO2e, and Scope 3 at 154.10 million kg CO2e.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Banco Bradesco’s Climate Goals (2030 & 2050)
5 goals2030
50% reduction in all scopes
• Reach the target of having operations and portfolios with net zero carbon emissions, by 2050 Our commitment is to reduce 50% of these emi…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 5 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Banco Bradesco
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project