Banco Itaú BBA S.A., a prominent player in the Brazilian financial sector, is headquartered in São Paulo, Brazil. Established in 1945, the bank has evolved into a leading investment bank, offering a comprehensive range of financial services, including corporate banking, asset management, and capital markets solutions. With a strong presence in major operational regions across Latin America, Banco Itaú BBA is renowned for its innovative approach to financial services, catering to both domestic and international clients. The bank's core offerings, such as structured finance and advisory services, are distinguished by their tailored solutions and deep market insights. Recognised for its robust market position, Banco Itaú BBA has achieved significant milestones, including numerous awards for excellence in investment banking. Its commitment to sustainability and corporate governance further enhances its reputation in the industry.
How does Banco Itaú BBA 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 Itaú BBA S.A.'s score of 26 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 Itaú BBA S.A., headquartered in Brazil, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives related to climate commitments. The absence of emissions data suggests that the bank may not have established a comprehensive framework for tracking its carbon footprint or may not disclose this information publicly. Furthermore, there are no specific science-based targets (SBTi) or climate pledges reported, indicating a potential gap in formal commitments to reduce greenhouse gas emissions. Without these metrics, it is challenging to assess the bank's performance in relation to industry standards for climate action. As the financial sector increasingly prioritises sustainability, it is essential for Banco Itaú BBA S.A. to develop and communicate clear climate commitments and emissions data to align with global efforts to mitigate climate change.
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 Itaú BBA 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.