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 67 is higher than 83% 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 2024, Banco Bradesco reported total carbon emissions of approximately 139,008,000 kg CO2e. This figure includes Scope 1 emissions of about 19,631,000 kg CO2e, Scope 2 emissions of approximately 19,354,000 kg CO2e, and significant Scope 3 emissions totalling around 119,377,000 kg CO2e. Notably, the Scope 3 emissions include business travel (about 14,115,000 kg CO2e), employee commuting (approximately 55,110,000 kg CO2e), and waste generated in operations (around 4,279,000 kg CO2e). In comparison, the previous year, 2023, saw total emissions of about 139,325,000 kg CO2e, with Scope 1 at approximately 16,540,000 kg CO2e, Scope 2 at around 13,933,000 kg CO2e, and Scope 3 emissions at about 122,785,000 kg CO2e. Banco Bradesco has set ambitious climate commitments, aiming for net zero carbon emissions across its operations and portfolios by 2050. The bank has committed to a 50% reduction in emissions by 2030, which translates to an annual reduction target of approximately 4.6%, using 2019 as the baseline year. This target encompasses all scopes of emissions (1, 2, and 3). The bank's previous reduction initiatives included a 1% reduction target for Scope 1 and a 4.7% reduction target for Scope 2 emissions, both set for the period from 2015 to 2018. These efforts reflect Banco Bradesco's ongoing commitment to sustainability and climate action within the financial sector.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 4,709,010 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 58,752,310 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 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.
