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Public Profile
Financial Intermediation
BR
updated 3 months ago

Kirton Bank S.A.- Banco Múltiplo Sustainability Profile

Company website

Kirton Bank S.A. - Banco Múltiplo, headquartered in Brazil, is a prominent player in the financial services industry, offering a diverse range of banking solutions. Established in the early 2000s, the bank has steadily expanded its operations across major regions in Brazil, focusing on retail banking, corporate finance, and investment services. With a commitment to innovation, Kirton Bank provides unique products such as tailored credit solutions and digital banking services, catering to both individual and business clients. The bank's strategic approach has positioned it as a competitive entity in the Brazilian banking sector, recognised for its customer-centric services and robust financial performance. As it continues to evolve, Kirton Bank remains dedicated to enhancing its offerings and maintaining its reputation as a trusted financial partner.

DitchCarbon Score

How does Kirton Bank S.A.- Banco Múltiplo'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.

57

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

Kirton Bank S.A.- Banco Múltiplo's score of 57 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Kirton Bank S.A.- Banco Múltiplo's reported carbon emissions

Inherited from Banco Bradesco S.A.

Kirton Bank S.A.- Banco Múltiplo, headquartered in Brazil, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Banco Bradesco S.A., which may influence its climate-related strategies and commitments. While Kirton Bank S.A. has not established its own reduction targets or climate pledges, it is important to note that it inherits relevant climate performance data from Banco Bradesco S.A. at a cascade level of 1. This relationship suggests that Kirton Bank may align its climate initiatives with those of its parent company, which is actively engaged in sustainability efforts. As of now, Kirton Bank S.A. has not publicly committed to specific science-based targets or other industry-standard climate initiatives. The lack of detailed emissions data and reduction targets highlights an opportunity for the bank to enhance its climate commitments and transparency in the future.

Unlock detailed emissions data

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

2015201620172018201920202021202220232024
Scope 1
4,709,010
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
58,752,310
00,000,000
00,000,000
00,000,000
00,000,000
000,000
00,000
00,000,000
00,000,000
00,000,000
Scope 3
154,102,320
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Kirton Bank S.A.- Banco Múltiplo's Industry?

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

How Carbon Intensive is Kirton Bank S.A.- Banco Múltiplo'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 Kirton Bank S.A.- Banco Múltiplo is in BR, which has a very low grid carbon intensity relative to other regions.

Kirton Bank S.A.- Banco Múltiplo's Scope 3 Categories Breakdown

Kirton Bank S.A.- Banco Múltiplo's Scope 3 emissions, which decreased by 3% last year and decreased by approximately 23% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 75% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 46% of Scope 3 emissions.

Top Scope 3 Categories

2024
Employee Commuting
46%
Upstream Transportation & Distribution
38%
Business Travel
12%
Waste Generated in Operations
4%

Kirton Bank S.A.- Banco Múltiplo'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.

Kirton Bank S.A.- Banco Múltiplo 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

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Where does DitchCarbon data come from?

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