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Public Profile
Financial Intermediation
BR
updated 2 months ago

Itaú Unibanco S.A. Sustainability Profile

Company website

Itaú Unibanco S.A., commonly referred to as Itaú, is a leading financial institution headquartered in São Paulo, Brazil. Founded in 1945, it has grown to become one of the largest banks in Latin America, with a significant presence across various regions, including South America and beyond. Operating primarily in the banking and financial services industry, Itaú offers a diverse range of products and services, including retail banking, corporate banking, investment services, and insurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. Itaú has achieved notable milestones, such as being listed among the top banks globally by assets and market capitalisation. With a strong focus on sustainability and digital transformation, Itaú continues to solidify its position as a key player in the financial sector.

DitchCarbon Score

How does Itaú Unibanco 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.

26

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.

32

Industry Benchmark

Itaú Unibanco S.A.'s score of 26 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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Itaú Unibanco S.A.'s reported carbon emissions

Itaú Unibanco S.A., headquartered in Brazil, currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. Furthermore, there are no documented reduction targets or climate pledges available at this time. As a financial institution, Itaú Unibanco's climate commitments may align with broader industry standards, but specific initiatives or targets have not been disclosed. Without emissions data or reduction initiatives, it is challenging to assess their current environmental impact or future commitments. For organisations in the banking sector, it is increasingly important to establish clear climate strategies and transparent reporting to meet stakeholder expectations and regulatory requirements.

How Carbon Intensive is Itaú Unibanco S.A.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Itaú Unibanco S.A.'s primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Itaú Unibanco S.A.'s Location?

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 Itaú Unibanco S.A. is in BR, which has a very low grid carbon intensity relative to other regions.

Itaú Unibanco S.A.'s Climate Goals (2030 & 2050)

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.

Itaú Unibanco S.A. 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.

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

Compare Itaú Unibanco S.A.'s Emissions with Industry Peers

Banco de Crédito del Perú S.A.

PE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Banco Santander

ES
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 hours ago

First Midwest Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Banco Votorantim S.A.

BR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Credit Suisse Group (Schweiz)

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

Banco Santander (Brasil) S.A.

BR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 hours ago

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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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