Banco Bradesco
Banco Bradesco, officially known as Banco Bradesco S.A., is a leading financial institution headquartered in Osasco, Brazil. Established in 1943, it has grown to become one of the largest banks in Latin America, with a significant presence across the country and a focus on providing comprehensive banking services. The bank operates primarily in the financial services industry, offering a diverse range of products including personal and corporate banking, insurance, and asset management. Notable for its innovative digital banking solutions, Banco Bradesco has consistently adapted to the evolving financial landscape, achieving key milestones such as the launch of its mobile banking app. With a strong market position, Banco Bradesco is recognised for its commitment to customer service and technological advancement, making it a preferred choice for millions of clients in Brazil and beyond.
DitchCarbon Score
How does Banco Bradesco'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.
Industry Average
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.
Industry Benchmark
Banco Bradesco's score of 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Bradesco's reported carbon emissions
In 2023, Banco Bradesco reported total carbon emissions of approximately 139,325,000 kg CO2e. This figure includes 16,539,890 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 122,785,100 kg CO2e from Scope 3 emissions, which cover indirect emissions from the value chain, including business travel and employee commuting. Notably, Scope 2 emissions were reported as zero, indicating a potential shift towards renewable energy sources or energy efficiency measures. Banco Bradesco has set ambitious climate commitments, aiming for net zero carbon emissions across its operations and portfolios by 2050. To achieve this, the bank has committed to a 50% reduction in emissions by 2030, which translates to an annual reduction target of approximately 4.6%. This target encompasses all scopes of emissions, using 2019 as the baseline year. The bank's proactive approach to climate action reflects its dedication to sustainability and aligns with global efforts to mitigate climate change impacts.
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Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,034,940 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,760,830 | 00,000,000 | 00,000,000 | 000,000 | 00,000 | - | - |
| Scope 3 | 188,813,690 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Banco Bradesco 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.
