Banco do Estado de Sergipe S.A., commonly referred to as Banese, is a prominent financial institution headquartered in Aracaju, Brazil. Established in 1961, Banese has played a vital role in the economic development of the Sergipe region, offering a range of banking services tailored to meet the needs of individuals and businesses alike. Operating primarily in the state of Sergipe, Banese provides core products such as personal and business loans, savings accounts, and investment services. What sets Banese apart is its commitment to local development, fostering economic growth through tailored financial solutions. With a strong market presence, the bank has achieved notable milestones, including significant contributions to regional infrastructure projects. Banese continues to be a trusted partner for financial services in the region, reinforcing its position as a key player in Brazil's banking industry.
How does Banco do Estado de Sergipe 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 do Estado de Sergipe S.A.'s score of 28 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco do Estado de Sergipe S.A., headquartered in Brazil, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to reducing its carbon footprint at this time. It is important to note that Banco do Estado de Sergipe S.A. is a current subsidiary, and any potential emissions data or climate initiatives may be cascaded from its parent organisation. However, no specific initiatives or targets from the parent company have been disclosed. In the context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to address climate change. As such, Banco do Estado de Sergipe S.A. may benefit from aligning with industry standards and practices to enhance its climate commitments in the future.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco do Estado de Sergipe S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
