Banco Neon S.A. Sustainability Profile
Banco Neon S.A., commonly referred to as Banco Neon, is a prominent financial institution headquartered in Brazil. Established in 2016, the bank has rapidly gained recognition for its innovative approach to digital banking, primarily serving urban regions across the country. Specialising in personal and business banking solutions, Banco Neon offers a range of core products, including digital accounts, payment services, and financial management tools. What sets Banco Neon apart is its user-friendly mobile platform, designed to enhance customer experience and accessibility. With a strong market position, Banco Neon has achieved significant milestones, including partnerships with various fintech companies, which have bolstered its reputation as a leader in the digital banking sector. The bank continues to redefine the financial landscape in Brazil, catering to the evolving needs of its customers.
DitchCarbon Score
How does Banco Neon 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 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 Neon S.A.'s score of 6 is lower than 100% 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 Neon S.A.'s reported carbon emissions
As of 2020, Banco Neon S.A. reported an intensity of greenhouse gas (GHG) emissions of approximately 40.61 kg CO2e per unit of revenue, reflecting its Scope 1 and 2 emissions. This figure indicates a slight decrease from 2019, when the intensity was about 43.46 kg CO2e per unit of revenue. However, specific total emissions data for Banco Neon S.A. is not disclosed, and there are no reported Scope 3 emissions. Currently, Banco Neon S.A. has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). The absence of documented climate pledges or reduction initiatives suggests that the bank is still in the early stages of developing a comprehensive climate strategy. Overall, while Banco Neon S.A. has shown some progress in reducing its emissions intensity, further transparency and commitment to climate action will be essential for enhancing its sustainability profile.
How Carbon Intensive is Banco Neon S.A.'s Industry?
How Carbon Intensive is Banco Neon S.A.'s Location?
Banco Neon S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Neon S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
