Banco do Brasil S.A., commonly referred to as Banco do Brasil, is a prominent financial institution headquartered in Brasília, Brazil. Established in 1808, it stands as one of the oldest banks in the country, with a rich history marked by significant milestones in the banking sector. The bank operates extensively across Brazil, with a strong presence in major urban centres and rural areas, catering to a diverse clientele. As a leading player in the banking industry, Banco do Brasil offers a comprehensive range of services, including retail banking, corporate finance, and investment solutions. Its unique blend of traditional banking practices and innovative digital services positions it favourably in the competitive landscape. Notably, Banco do Brasil has achieved recognition for its robust financial performance and commitment to sustainable practices, solidifying its status as a key contributor to Brazil's economic development.
How does Banco 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.
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 Do Brasil's score of 32 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2021, Banco do Brasil reported total emissions of approximately 13,410,000 kg CO2e, which includes emissions from Scope 1 and Scope 2 sources. Specifically, Scope 1 emissions from mobile combustion were about 4,495,000 kg CO2e in 2009 and increased to approximately 4,850,000 kg CO2e in 2010. Scope 2 emissions rose from about 17,591,000 kg CO2e in 2009 to approximately 29,538,000 kg CO2e in 2010. Banco do Brasil has committed to achieving net-zero emissions across all scopes by 2050, with a commitment initiated in 2023. This long-term target aligns with the Science Based Targets initiative (SBTi) framework, reflecting the bank's dedication to addressing climate change and reducing its carbon footprint. The bank is part of the financial sector's broader movement towards sustainability, aiming to implement effective strategies to mitigate climate risks and enhance environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2009 | 2010 | |
---|---|---|
Scope 1 | 4,495,000 | 0,000,000 |
Scope 2 | 17,591,000 | 00,000,000 |
Scope 3 | - | - |
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 Do Brasil is committed to some 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.