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Financial Intermediation
BR
updated 14 days ago

Bank of America Merrill Lynch Banco Múltiplo S.A.

Company website

Bank of America Merrill Lynch Banco Múltiplo S.A., commonly referred to as Bank of America Brazil, is a prominent financial institution headquartered in Brazil. Established in the early 2000s, the bank has made significant strides in the Brazilian banking sector, focusing on investment banking, wealth management, and corporate banking services. With a strong presence in major operational regions across Brazil, Bank of America Brazil offers a diverse range of core products, including tailored financial solutions, asset management, and advisory services. Its commitment to innovation and client-centric strategies sets it apart in a competitive market. Recognised for its robust market position, Bank of America Brazil has achieved notable milestones, including strategic partnerships and a growing portfolio of high-profile clients, solidifying its reputation as a leader in the financial services industry.

DitchCarbon Score

How does Bank of America Merrill Lynch Banco Múltiplo 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.

43

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.

29

Industry Benchmark

Bank of America Merrill Lynch Banco Múltiplo S.A.'s score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

66%

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Bank of America Merrill Lynch Banco Múltiplo S.A.'s reported carbon emissions

Inherited from Bank of America Corporation

Bank of America Merrill Lynch Banco Múltiplo S.A., headquartered in Brazil, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Bank of America Corporation, which cascades its emissions data and climate commitments down through its corporate family structure. As of now, there are no documented reduction targets or climate pledges specific to Bank of America Merrill Lynch Banco Múltiplo S.A. However, it is important to note that the parent company, Bank of America Corporation, may have established initiatives and targets that could influence the subsidiary's climate strategy. In the context of the financial services industry, many institutions are increasingly committing to science-based targets and sustainability initiatives. While specific commitments from Bank of America Merrill Lynch Banco Múltiplo S.A. are not available, the broader corporate family may be engaged in efforts to reduce carbon emissions and enhance climate resilience.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2010201920202021202220232024
Scope 1
106,870,000
00,000,000
00,000,000
00,000,000
00,000,000
-
-
Scope 2
1,644,068,000
00,000,000
0,000,000
00,000,000
00,000,000
-
-
Scope 3
1,450,834,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bank of America Merrill Lynch Banco Múltiplo S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bank of America Merrill Lynch Banco Múltiplo S.A. is in BR, which has a very low grid carbon intensity relative to other regions.

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.

Bank of America Merrill Lynch Banco Múltiplo 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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