Ditchcarbon
  • Contact
  1. Organizations
  2. Itau Unibanco Holding
Public Profile
Research Pending

This profile hasn't yet passed our validation checks

Submit your email to push it up the queue

We'll prioritize this organization's research and notify you when detailed sustainability data becomes available.

Services Auxiliary to Financial Intermediation
BR
updated 12 days ago

Itau Unibanco Holding

Company website

Itaú Unibanco Holding S.A., commonly referred to as Itaú, is a leading financial institution headquartered in São Paulo, Brazil. Founded in 1945, Itaú has grown to become one of the largest banks in Latin America, with a strong presence in retail banking, corporate banking, and investment services. The bank operates extensively across Brazil and has significant operations in regions such as Argentina, Chile, and Paraguay. Itaú is renowned for its innovative financial products, including personal and business loans, credit cards, and investment solutions, which are tailored to meet diverse customer needs. The bank's commitment to digital transformation has positioned it as a pioneer in the fintech space, enhancing customer experience through technology. With a robust market position, Itaú has consistently been recognised for its financial strength and customer service excellence, making it a trusted choice for millions.

DitchCarbon Score

How does Itau Unibanco Holding'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.

75

Industry Average

Mean score of companies in the Services Auxiliary to 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.

31

Industry Benchmark

Itau Unibanco Holding's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Let us know if this data was useful to you

Itau Unibanco Holding's reported carbon emissions

In 2024, Itaú Unibanco Holding reported total carbon emissions of approximately 49,000,000 kg CO2e from Scope 1 and Scope 2, with Scope 1 emissions at about 745,000 kg CO2e and Scope 2 emissions at approximately 49,034,000 kg CO2e (market-based). Additionally, Scope 3 emissions were reported at about 11,219,000 kg CO2e, which includes significant contributions from business travel (approximately 1,923,000 kg CO2e) and employee commuting (around 4,012,000 kg CO2e). Itaú Unibanco has set ambitious climate commitments, aiming to achieve a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, based on 2018 levels. Furthermore, they have committed to achieving net-zero carbon emissions by 2050, aligning with scientifically validated scenarios. In a more recent initiative, Itaú Chile has reported a 60% reduction in Scope 1 emissions, fulfilling its commitment ahead of schedule. The emissions data for Itaú Unibanco is cascaded from its parent company, Itaú Unibanco Holding S.A., which oversees the overall climate strategy and performance metrics. The organization is actively working towards its reduction targets and has implemented an Operational Decarbonization Strategy aimed at reducing CO2 emissions across all three scopes by 42% by 2030, compared to a 2021 baseline.

Unlock detailed emissions data

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

201920202021202220232024
Scope 1
14,561,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000
Scope 2
-
-
0,000,000
0,000,000
000,000
00,000,000
Scope 3
156,364,000
00,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Itau Unibanco Holding's primary industry is Services auxiliary to financial intermediation (67), 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 Itau Unibanco Holding 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.

Itau Unibanco Holding 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

Similar Organizations

Banco Santander (Brasil) S.A.

BR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 21 days ago

Banco de la República Oriental del Uruguay

UY
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Banco BICE

CL
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 23 days ago

Banco Santander

ES
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Banorte

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Rbc

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Where does DitchCarbon data come from?

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

Ditchcarbon
v251007.2
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy