Banco Votorantim S.A., commonly referred to as Votorantim Bank, is a prominent financial institution headquartered in São Paulo, Brazil. Established in 1988, the bank has carved a niche in the Brazilian banking sector, focusing on corporate banking, investment banking, and asset management. With a strong presence in major operational regions across Brazil, Banco Votorantim has consistently delivered innovative financial solutions tailored to meet the diverse needs of its clients. The bank's core offerings include credit solutions, treasury services, and investment products, distinguished by their customer-centric approach and robust risk management practices. Over the years, Banco Votorantim has achieved significant milestones, solidifying its position as a key player in the financial landscape of Brazil. Its commitment to excellence and adaptability in a dynamic market have earned it a reputation for reliability and trustworthiness among its clientele.
How does Banco Votorantim 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 Votorantim S.A.'s score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Banco Votorantim S.A. reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. The organisation's revenue for the year was approximately USD 804.6 million. While there are no explicit reduction targets or climate pledges documented, it is important to note that the company is a current subsidiary of a larger corporate family, which may influence its climate strategies. The emissions data is cascaded from Banco Votorantim S.A. itself, with no inherited targets from parent organisations. The company has not disclosed any significant climate initiatives or commitments to date, which may reflect broader industry trends or internal strategic decisions. As the financial sector increasingly prioritises sustainability, Banco Votorantim S.A. may need to enhance its transparency regarding carbon emissions and climate commitments to align with industry standards and stakeholder expectations.
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 Votorantim 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.
