Banco Sicoob S.A.
Banco Sicoob S.A., a prominent financial institution headquartered in Brazil, operates primarily in the cooperative banking sector. Established in 1997, Sicoob has grown to become one of the largest credit unions in the country, serving millions of members across various regions, including the Midwest and Southeast. The bank offers a diverse range of financial products and services, including personal and business loans, savings accounts, and investment options, all designed to meet the unique needs of its cooperative members. Sicoob distinguishes itself through its commitment to community development and member-centric approach, fostering financial inclusion and sustainability. With a strong market position, Banco Sicoob S.A. has achieved significant milestones, including recognition for its innovative banking solutions and contributions to the cooperative movement in Brazil.
DitchCarbon Score
How does Banco Sicoob 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 Sicoob S.A.'s score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Banco Sicoob S.A.'s reported carbon emissions
Banco Sicoob S.A., headquartered in Brazil, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that Banco Sicoob S.A. may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the banking industry, many institutions are increasingly adopting science-based targets and sustainability practices to mitigate climate impact. However, without specific emissions data or commitments, it is unclear how Banco Sicoob S.A. aligns with these industry trends. As the climate landscape evolves, it will be important for the bank to consider developing measurable targets and strategies to address its environmental impact.
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 Sicoob 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.
