Banco Central do Brasil, often referred to as BCB, is the central bank of Brazil, headquartered in Brasília. Established in 1964, it plays a pivotal role in the country's financial system, overseeing monetary policy, currency issuance, and financial stability. Operating primarily within the "Other services (93)" industry, BCB is instrumental in regulating the banking sector and ensuring the integrity of the national currency, the Brazilian real.
The bank's core services include managing inflation, supervising financial institutions, and facilitating payment systems, which are essential for economic growth. Notably, Banco Central do Brasil has achieved significant milestones, such as the implementation of the Real Plan in the 1990s, which successfully stabilised the economy. With its strategic initiatives and robust regulatory framework, BCB maintains a strong market position, contributing to Brazil's economic resilience and development.
+6 vs industry average
BANCO CENTRAL DO BRASIL’s score of 31 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Other Services has below-average carbon intensity
Industry performance
The Other Services industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
BANCO CENTRAL DO BRASIL's reported carbon emissions
The Banco Central do Brasil (BCB), headquartered in Brazil and operating in the "Other services (93)" sector, reported total emissions of approximately 6.47 billion kg CO2e in 2023. This figure comprises approximately 1.97 billion kg CO2e from Scope 1, about 2 billion kg CO2e from Scope 2, and approximately 2.5 billion kg CO2e from Scope 3.
In 2022, the BCB's total emissions were also approximately 6.47 billion kg CO2e, with Scope 1 emissions at about 1.97 billion kg CO2e, Scope 2 at approximately 2 billion kg CO2e, and Scope 3 at roughly 2.5 billion kg CO2e.
For 2025, the BCB has disclosed Scope 3 emissions related to waste generated in operations, amounting to approximately 177,000 kg CO2e.
The BCB participates in the Network for Greening the Financial System (NGFS) working group, with near-term commitments for 2023 aiming to make central bank operations greener. These initiatives cover both Scope 1 and Scope 2 emissions.
Additionally, the BCB tracks the Weighted Average Carbon Intensity of International Reserves, with a reported value of approximately 1.11e-05 kg CO2e per US dollar in 2023. Similar metrics were reported for 2022 (approximately 1.15e-05 kg CO2e/USD) and 2021 (approximately 1.29e-05 kg CO2e/USD). Historical data for 2020, 2019, 2018, and 2017 show intensities of approximately 1.32e-05, 1.34e-05, 1.44e-05, and 1.5e-05 kg CO2e per US dollar, respectively.
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BANCO CENTRAL DO BRASIL’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
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Emissions comparison with industry peers
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BANCO CENTRAL DO BRASIL
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