Banco Modal S.A.
Banco Modal S.A., commonly referred to as Modal, is a prominent financial institution headquartered in Brazil. Established in 2015, the bank has rapidly evolved within the fintech sector, focusing on innovative banking solutions and investment services. With a strong presence in major Brazilian cities, Banco Modal caters to a diverse clientele, including individual and corporate customers. The bank offers a range of unique products and services, including digital banking, investment platforms, and asset management, all designed to enhance user experience and accessibility. Notably, Banco Modal has distinguished itself through its commitment to technology-driven solutions, positioning itself as a leader in the Brazilian financial landscape. With a focus on transparency and customer-centric services, Banco Modal continues to achieve significant milestones in the competitive banking industry.
DitchCarbon Score
How does Banco Modal 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 Modal S.A.'s score of 26 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Modal S.A.'s reported carbon emissions
Banco Modal S.A., headquartered in Brazil, currently does not have available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. This absence of data suggests that the bank may still be in the early stages of formalising its climate commitments or reporting on its environmental impact. As the financial sector increasingly prioritises sustainability, it is essential for institutions like Banco Modal S.A. to establish clear emissions reduction strategies and commitments to align with industry standards and contribute to global climate goals.
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 Modal 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.
