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Financial Intermediation
BR
updated 8 days ago

Banco IBM S.A.

Company website

Banco IBM S.A., a prominent financial institution headquartered in Brazil, operates primarily in the banking and financial services sector. Established in the early 2000s, the bank has made significant strides in digital banking solutions, catering to both individual and corporate clients across major regions in Brazil. Specialising in innovative financial products, Banco IBM S.A. offers a range of services including personal banking, investment solutions, and corporate financing. Its unique approach to integrating technology with traditional banking practices sets it apart in a competitive market. Recognised for its commitment to customer service and technological advancement, Banco IBM S.A. has achieved notable milestones, positioning itself as a key player in Brazil's evolving financial landscape. With a focus on sustainability and digital transformation, the bank continues to enhance its market presence and drive growth in the industry.

DitchCarbon Score

How does Banco IBM 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.

56

Industry Average

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.

28

Industry Benchmark

Banco IBM S.A.'s score of 56 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Banco IBM S.A.'s reported carbon emissions

Inherited from International Business Machines Corporation

Banco IBM S.A., headquartered in Brazil, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of International Business Machines Corporation (IBM), and any climate-related commitments or performance metrics may be influenced by its parent company's initiatives. As a subsidiary, Banco IBM S.A. inherits climate commitments and performance data from IBM, which operates at a cascade level of three. While specific reduction targets for Banco IBM S.A. are not available, it is important to note that IBM has established significant climate pledges, including commitments to reduce greenhouse gas emissions across its operations. IBM's climate strategy includes initiatives such as the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), which aim to enhance transparency and accountability in emissions reporting. The bank's climate commitments may align with these broader corporate strategies, although specific targets for Banco IBM S.A. have not been disclosed. In summary, while Banco IBM S.A. does not provide specific emissions data or reduction targets, it is positioned within a corporate framework that prioritises climate action and sustainability through its parent company, IBM.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20102014201820192020202120222023
Scope 1
141,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
1,034,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
-
000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco IBM S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
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 IBM S.A. 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 IBM S.A. 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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