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 59 is higher than 77% 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 2024, Banco Central do Brasil (BCB) reported total carbon emissions of approximately 228,090 kg CO2e. This includes Scope 1 emissions of about 142,560 kg CO2e, primarily from mobile combustion (approximately 142,560 kg CO2e), fugitive emissions (about 43,530 kg CO2e), and stationary combustion (around 42,000 kg CO2e). Scope 2 emissions totalled approximately 136,970 kg CO2e, while Scope 3 emissions were significantly higher, with business travel contributing about 266,030 kg CO2e and employee commuting accounting for approximately 1,614,890 kg CO2e. In 2023, BCB's total emissions were reported at approximately 119,800 kg CO2e, with Scope 1 emissions of about 56,740 kg CO2e, Scope 2 emissions of approximately 92,510 kg CO2e, and Scope 3 emissions reaching around 2,000,000 kg CO2e, driven largely by business travel and employee commuting. BCB has set near-term climate commitments, participating in the NGFS working group to enhance the sustainability of central bank operations. These commitments include specific reduction targets for Scope 1 and Scope 2 emissions, aimed at making operations greener by 2025. Overall, BCB's emissions data reflects a comprehensive approach to understanding and managing its carbon footprint, with a focus on both direct and indirect emissions across all scopes.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 774,780 | 000,000 | 000,000 |
| Scope 2 | 98,090 | 00,000 | 000,000 |
| Scope 3 | 360,460 | 0,000,000 | 0,000,000 |
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.
