Banco Safra S.A., a prominent financial institution headquartered in São Paulo, Brazil, has been a key player in the banking industry since its establishment in 1955. With a strong presence in major operational regions across Brazil, the bank primarily focuses on corporate banking, wealth management, and investment services. Renowned for its personalised customer service and innovative financial solutions, Banco Safra offers a range of core products, including credit facilities, asset management, and private banking services. The bank's commitment to excellence has positioned it as a trusted partner for both individual and corporate clients. Over the years, Banco Safra has achieved significant milestones, solidifying its reputation as one of Brazil's leading banks, known for its stability and customer-centric approach in a competitive market.
How does Banco Safra 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 Safra S.A.'s score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Safra S.A., headquartered in Brazil, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As a result, Banco Safra S.A. appears to lack formal commitments to reduce carbon emissions or to participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This absence of data suggests that the bank may not yet have established a comprehensive strategy for addressing climate change or measuring its carbon footprint. In the context of the banking industry, it is increasingly important for financial institutions to set measurable climate commitments and to report on their emissions to align with global sustainability goals. Without specific emissions data or reduction initiatives, Banco Safra S.A. may face challenges in demonstrating its commitment to environmental responsibility and sustainability.
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 Safra 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.