Banco Bradesco, officially known as Banco Bradesco S.A., is a leading financial institution headquartered in Osasco, São Paulo, 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 diverse range of services. Operating primarily in the banking and financial services industry, Banco Bradesco offers a comprehensive suite of products, including personal and corporate banking, insurance, asset management, and investment services. Its commitment to innovation and customer service distinguishes it in a competitive market. With a robust network of branches and ATMs, Banco Bradesco has achieved notable milestones, including being one of the first banks in Brazil to adopt digital banking solutions. Its strong market position is underscored by its extensive customer base and recognition as a trusted financial partner in Brazil.
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.
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.
Banco Bradesco's score of 31 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Banco Bradesco reported total carbon emissions of approximately 139,325,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions totalled about 16,539,890 kg CO2e, while Scope 2 emissions were negligible at 0 kg CO2e, and Scope 3 emissions accounted for approximately 122,785,100 kg CO2e. The bank has set ambitious climate commitments, aiming for net zero carbon emissions across its operations and portfolios by 2050. To achieve this, Banco Bradesco has committed to a 50% reduction in emissions by 2030, which translates to an annual reduction target of about 4.6%. This target encompasses all sources of emissions within Scopes 1, 2, and 3, using 2019 as the baseline year. Over the years, Banco Bradesco's emissions have fluctuated, with total emissions recorded at approximately 165,283,930 kg CO2e in 2022, 116,487,440 kg CO2e in 2021, and 142,919,390 kg CO2e in 2020. The bank's proactive approach to climate action reflects its commitment to sustainability and reducing its carbon footprint in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 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 |
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 committed to any reduction initiatives 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.