Public Profile

Banco C6 S.A.

Banco C6 S.A., commonly known as C6 Bank, is a prominent financial institution headquartered in Brazil. Established in 2018, the bank has rapidly gained recognition in the fintech sector, primarily serving urban regions across the country. C6 Bank operates within the digital banking industry, offering a range of innovative financial products and services, including personal and business accounts, credit cards, and investment solutions. Its unique approach combines technology with customer-centric services, allowing for seamless banking experiences. With a commitment to transparency and accessibility, C6 Bank has positioned itself as a competitive player in the Brazilian market, achieving significant milestones in customer acquisition and digital service offerings. The bank continues to redefine traditional banking through its modern, user-friendly platform.

DitchCarbon Score

How does Banco C6 S.A.'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.

39

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.

3

Industry Benchmark

Banco C6 S.A.'s score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

Banco C6 S.A.'s reported carbon emissions

In 2023, Banco C6 S.A. reported total carbon emissions of approximately 47,645,430 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of the total. The breakdown of emissions includes 194,410 kg CO2e from Scope 1, 57,050 kg CO2e from Scope 2, and a staggering 47,645,430 kg CO2e from Scope 3. Notably, business travel and purchased goods and services were the largest contributors within Scope 3, with emissions of approximately 26,657,460 kg CO2e and 18,266,400 kg CO2e, respectively. In comparison, emissions in 2022 were approximately 9,110,680 kg CO2e for Scope 3, indicating a substantial increase in emissions from this category. Scope 1 and Scope 2 emissions also saw reductions, with Scope 1 decreasing from 539,000 kg CO2e in 2021 to 242,310 kg CO2e in 2022, and further down to 194,410 kg CO2e in 2023. Scope 2 emissions also decreased from 98,200 kg CO2e in 2021 to 63,230 kg CO2e in 2022, and then to 57,050 kg CO2e in 2023. Despite these reductions in Scope 1 and 2 emissions, Banco C6 S.A. has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions profile highlights the importance of addressing Scope 3 emissions, particularly in the context of its overall climate commitments.

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202120222023
Scope 1
539,000
000,000
000,000
Scope 2
98,200
00,000
00,000
Scope 3
477,200
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco C6 S.A.'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. Banco C6 S.A. is headquartered in BR, which has a rank of very low, indicating very low grid carbon 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 C6 S.A. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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