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Public Profile
Other Services
BR
updated 4 days ago

BANCO CENTRAL DO BRASIL

Company website

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.

32

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.

26

Industry Benchmark

BANCO CENTRAL DO BRASIL's score of 32 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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BANCO CENTRAL DO BRASIL's reported carbon emissions

In 2022, Banco Central do Brasil (BCB) reported a per capita carbon emission of approximately 13,200 kg CO2e. This figure reflects the bank's commitment to understanding and managing its environmental impact, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. BCB is actively engaged in initiatives aimed at reducing its carbon footprint. The bank participates in the Network for Greening the Financial System (NGFS) working group, which focuses on making central banks' operations more sustainable. This initiative includes near-term reduction targets for both Scope 1 and Scope 2 emissions, set to commence in 2023 and conclude in 2025. While the overall reduction percentages have not been specified, the bank's involvement in these activities underscores its commitment to climate action. The emissions data and reduction initiatives are not cascaded from any parent organization, indicating that BCB is independently managing its climate commitments. The bank's efforts align with industry standards for climate responsibility, reflecting a proactive approach to environmental stewardship.

Industry emissions intensity

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Some industries are more carbon intensive than others. BANCO CENTRAL DO BRASIL's primary industry is Other services (93), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BANCO CENTRAL DO BRASIL is in BR, which has a very low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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