BTG Pactual, officially known as Banco BTG Pactual S.A., is a leading investment bank headquartered in Brazil. Established in 1983, the firm has grown to become a prominent player in the financial services industry, with significant operations across Latin America and beyond. Specialising in investment banking, asset management, and wealth management, BTG Pactual offers a unique blend of services tailored to meet the needs of institutional clients and high-net-worth individuals. The firm is recognised for its innovative approach and strong market position, consistently achieving notable milestones in the competitive financial landscape. With a commitment to excellence and a focus on delivering value, BTG Pactual stands out for its deep local expertise and global reach, making it a trusted partner in navigating complex financial markets.
How does BTG Pactual'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.
BTG Pactual's score of 51 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, BTG Pactual reported total carbon emissions of approximately 18,091,480 kg CO2e. This figure includes 66,580 kg CO2e from Scope 1 emissions, primarily from stationary combustion (12,290 kg CO2e) and fugitive emissions (49,820 kg CO2e). Scope 2 emissions, attributed to purchased electricity, amounted to 939,010 kg CO2e. The majority of emissions, approximately 17,085,890 kg CO2e, were from Scope 3, with significant contributions from business travel (10,572,420 kg CO2e) and employee commuting (3,647,610 kg CO2e). In comparison, the previous year, 2023, saw total emissions of about 17,131,360 kg CO2e, with Scope 1 emissions at 522,960 kg CO2e and Scope 2 at 530,990 kg CO2e. Scope 3 emissions for 2023 were approximately 16,077,310 kg CO2e, indicating a trend of increasing emissions over the years. BTG Pactual has set long-term net-zero targets for both Scope 1 and Scope 2 emissions, aiming for a transition to a net-zero operational standard by 2050. These targets were initiated in 2023, reflecting the company's commitment to enhancing efficiency and reducing emissions over time. The emissions data is sourced from the BTG Pactual Group, with no cascaded data from parent companies. The company is actively working towards its climate commitments, although specific reduction percentages have not been disclosed.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 479,880 | 00,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 1,308,600 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 5,964,450 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
BTG Pactual's Scope 3 emissions, which increased by 6% last year and increased by approximately 186% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 62% of Scope 3 emissions.
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.
BTG Pactual 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.
