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Financial Intermediation
BR
updated 17 hours ago

Banco Bradesco

Company website

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.

67

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.

27

Industry Benchmark

Banco Bradesco's score of 67 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

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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, with emissions distributed across various scopes: Scope 1 emissions were about 19,631,000 kg CO2e, Scope 2 emissions totalled approximately 19,354,000 kg CO2e, and Scope 3 emissions accounted for about 119,377,000 kg CO2e. Notably, the Scope 3 emissions included significant contributions from employee commuting (about 55,110,000 kg CO2e) and upstream transportation and distribution (approximately 45,873,000 kg CO2e). In 2023, the bank's total emissions were slightly lower at approximately 139,325,000 kg CO2e, with Scope 1 emissions at about 16,540,000 kg CO2e, Scope 2 emissions at approximately 13,933,000 kg CO2e, and Scope 3 emissions at around 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 commitment encompasses all scopes of emissions (1, 2, and 3). The bank's previous reduction targets included a 1.0% reduction in Scope 1 emissions and a 4.7% reduction in Scope 2 emissions, both aimed for completion by 2018. These initiatives reflect Banco Bradesco's ongoing efforts to align with industry standards and contribute to global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
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
154,102,320
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Bradesco's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banco Bradesco is in BR, which has a very low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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