Banco Safra S.A. Sustainability Profile
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.
DitchCarbon Score
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.
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 Safra S.A.'s score of 28 is lower than 53% 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 Safra S.A.'s reported carbon emissions
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.
How Carbon Intensive is Banco Safra S.A.'s Industry?
How Carbon Intensive is Banco Safra S.A.'s Location?
Banco Safra 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 Safra 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.
