BANCO CENTRAL DO BRASIL
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, financial stability, and the regulation of the banking sector. With a focus on maintaining inflation targets and ensuring a robust payment system, BCB operates across major regions in Brazil, influencing both domestic and international markets. The bank's core services include the issuance of currency, management of foreign reserves, and supervision of financial institutions, which are essential for fostering 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 Brazilian economy. As a key player in the financial industry, BCB is recognised for its commitment to transparency and innovation in monetary policy.
DitchCarbon Score
How does BANCO CENTRAL DO BRASIL'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 Other Services 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 CENTRAL DO BRASIL's score of 23 is lower than 51% 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 CENTRAL DO BRASIL's reported carbon emissions
In 2023, BANCO CENTRAL DO BRASIL reported a weighted average carbon intensity of approximately 0.0000111 kg CO2e per USD of international reserves. This figure reflects a slight decrease from 2022, where the carbon intensity was about 0.0000115 kg CO2e per USD. The bank has not disclosed specific emissions data for Scope 1, 2, or 3, nor has it set formal reduction targets or initiatives as part of its climate commitments. The historical data indicates a trend of decreasing carbon intensity from 2015 to 2023, with the highest recorded intensity in 2015 at approximately 0.0002598 kg CO2e per USD. This suggests a commitment to improving environmental performance, although specific reduction targets or pledges have not been established. Overall, while BANCO CENTRAL DO BRASIL has shown progress in reducing carbon intensity, the absence of detailed emissions data and formal reduction commitments limits the assessment of its overall climate impact and strategy.
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 CENTRAL DO BRASIL 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.
