Banco Itaú BBA S.A.
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Banco Itaú BBA S.A.'s score of 36 is higher than 89% 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.'s reported carbon emissions
In 2023, Banco Itaú BBA S.A. reported total carbon emissions of approximately 1,012,482,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 693,000 kg CO2e, Scope 2 emissions totalled approximately 2,692,000 kg CO2e, and Scope 3 emissions reached about 1,012,000,000 kg CO2e. Notably, the Scope 3 emissions included significant contributions from business travel (approximately 1,492,000 kg CO2e) and employee commuting (around 4,096,000 kg CO2e). In the previous year, 2022, the bank's total emissions were approximately 14,568,000 kg CO2e, with Scope 1 at about 229,000 kg CO2e, Scope 2 at approximately 4,340,000 kg CO2e, and Scope 3 at around 14,568,000 kg CO2e. This indicates a substantial increase in emissions in 2023 compared to 2022. Banco Itaú BBA S.A. has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests that the bank may still be in the process of developing a comprehensive strategy to address its carbon footprint and align with industry standards for climate action.
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Get Started| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 317,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,972,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,571,000 | 0,000,000 | 00,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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 Itaú BBA 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.
