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 79% 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 bank has been tracking its carbon intensity through various metrics over the years. For instance, in 2022, the Weighted Average Carbon Intensity of International Reserves was approximately 0.0000115 kg CO2e per USD of revenue. This figure reflects the bank's ongoing efforts to monitor its environmental impact. In previous years, the bank reported similar metrics, with the carbon intensity showing a gradual decrease from about 0.0000270 kg CO2e per USD in 2016 to 0.0000129 kg CO2e per USD in 2021. This trend indicates a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been publicly outlined. BANCO CENTRAL DO BRASIL's climate commitments appear to focus on understanding and managing its carbon emissions, particularly through the lens of its financial operations. However, without explicit reduction targets or pledges, the bank's overall climate strategy remains somewhat vague. The absence of detailed emissions data and reduction initiatives suggests that further transparency and commitment may be necessary to align with global climate goals.
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.
