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Banco ItauBank S.A.
Banco Itaú Bank S.A., commonly referred to as Itaú, is a leading financial institution headquartered in São Paulo, Brazil. Established in 1945, Itaú has grown to become one of the largest banks in Latin America, with a strong presence in retail banking, corporate banking, and investment services across Brazil and other key regions in South America. Itaú offers a diverse range of core products and services, including personal and business loans, credit cards, and investment solutions, distinguished by their customer-centric approach and innovative digital banking platforms. The bank has achieved notable milestones, such as its merger with Unibanco in 2008, which solidified its market position and expanded its service offerings. Recognised for its commitment to sustainability and social responsibility, Banco Itaú continues to lead the industry with a focus on technological advancements and customer satisfaction, making it a prominent player in the financial services sector.
DitchCarbon Score
How does Banco ItauBank 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 ItauBank S.A.'s score of 62 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco ItauBank S.A., headquartered in Brazil, currently does not have specific carbon emissions data available for the most recent year. The organisation is a current subsidiary of Itaú Unibanco Holding S.A., which may influence its climate commitments and emissions reporting. As of now, Banco ItauBank S.A. has not established any documented reduction targets or climate pledges. The emissions data and performance metrics are inherited from its parent company, Itaú Unibanco Holding S.A., which operates at a cascade level of 1. This means that any climate initiatives or emissions reductions may be aligned with the broader strategies of Itaú Unibanco. In the context of climate commitments, it is essential for financial institutions like Banco ItauBank S.A. to engage in transparent reporting and set ambitious targets to mitigate their carbon footprint. However, without specific data or targets, it is challenging to assess their current impact or future commitments in relation to climate change.
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Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 14,561,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 2 | - | - | 0,000,000 | 0,000,000 | 000,000 | 00,000,000 |
| Scope 3 | 156,364,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000 |
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 ItauBank 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.
