Itaúsa, officially known as Itaúsa - Investimentos Itaú S.A., is a prominent Brazilian investment holding company headquartered in São Paulo, Brazil. Founded in 1970, Itaúsa has established itself as a key player in the financial services sector, primarily focusing on banking, insurance, and investment management. The company operates mainly in Brazil, with significant influence in Latin America, and is known for its strategic investments in various sectors, including retail and energy. Itaúsa's core offerings include asset management and private equity, distinguished by a commitment to sustainable growth and innovation. With a strong market position, Itaúsa has achieved notable milestones, including its consistent ranking among the largest investment firms in Brazil, reflecting its robust portfolio and strategic vision for long-term value creation.
How does Itaúsa'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.
Itaúsa's score of 34 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Itaúsa reported total carbon emissions of approximately 242,510 kg CO2e. This figure includes Scope 1 emissions of about 830 kg CO2e, with mobile combustion contributing 360 kg CO2e, stationary combustion 420 kg CO2e, and fugitive emissions 40 kg CO2e. Scope 2 emissions accounted for approximately 6,080 kg CO2e, while Scope 3 emissions were significantly higher at about 235,610 kg CO2e, primarily driven by purchased goods and services (191,940 kg CO2e), employee commuting (21,900 kg CO2e), and business travel (15,600 kg CO2e). As of 2023, Itaúsa has not disclosed any new emissions data or specific reduction targets. The company has not reported any climate commitments or initiatives aimed at reducing its carbon footprint, nor does it appear to have cascaded any targets from parent company Itaúsa S.A. or other corporate family relationships. The absence of significant reduction initiatives or commitments suggests that Itaúsa may need to enhance its climate strategy to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 830 |
Scope 2 | 6,080 |
Scope 3 | 235,610 |
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.
Itaúsa 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.