Banco Cooperativo Sicredi S.A., commonly known as Sicredi, is a prominent cooperative bank headquartered in Brazil. Established in 1902, Sicredi has grown to become a key player in the financial services industry, primarily serving the southern and central regions of the country. The bank focuses on providing a range of financial products and services, including personal and business loans, savings accounts, and investment options, all tailored to meet the unique needs of its members. What sets Sicredi apart is its cooperative model, which fosters community engagement and prioritises member benefits over profit. With a strong market position, Sicredi has achieved significant milestones, including a robust network of branches and a commitment to sustainable development. This dedication to cooperative values and local empowerment has solidified Sicredi's reputation as a trusted financial partner in Brazil.
How does Banco Cooperativo Sicredi S.A.'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.
Mean score of companies in the Financial Intermediation 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.
Banco Cooperativo Sicredi S.A.'s score of 26 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Cooperativo Sicredi S.A., headquartered in Brazil, currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined in their initiatives. In the context of the financial industry, it is increasingly important for institutions like Sicredi to establish clear climate strategies and emissions reduction goals to align with global sustainability efforts. As the sector faces growing pressure to address climate change, it is essential for banks to engage in transparent reporting and set ambitious targets to reduce their carbon footprint. While specific data is lacking, the commitment to sustainability and climate action remains a critical focus for financial institutions, and Sicredi may be expected to develop and communicate its strategies in the future.
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 Cooperativo Sicredi S.A. 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.