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 18 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BANCO CENTRAL DO BRASIL's reported carbon emissions
As of 2023, BANCO CENTRAL DO BRASIL has not disclosed specific carbon emissions data. However, the institution has been actively monitoring its carbon footprint through various metrics, including the Weighted Average Carbon Intensity of International Reserves, which has shown a decreasing trend from approximately 0.0002704 kg CO2e per USD in 2016 to about 0.0000111 kg CO2e per USD in 2023. The bank has reported CO2e emissions per capita at approximately 14,700 kg CO2e for its employees, indicating a focus on internal sustainability practices. Despite the absence of formal reduction targets or commitments to the Science Based Targets initiative (SBTi), BANCO CENTRAL DO BRASIL is engaged in assessing and reporting its environmental impact, aligning with broader climate commitments within the financial sector. Overall, while specific emissions data and reduction targets are lacking, the bank's ongoing efforts to monitor and report on its carbon intensity reflect a commitment to understanding and potentially mitigating its environmental impact.
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 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.
