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Public Profile
Financial Intermediation
BR
updated 8 months ago

RICO Corretora de Títulos e Valores Mobiliários SA Sustainability Profile

Company website

RICO Corretora de Títulos e Valores Mobiliários SA, commonly referred to as RICO, is a prominent financial services firm headquartered in Brazil. Established in 2011, RICO has rapidly evolved within the investment brokerage industry, offering a diverse range of services including online trading, asset management, and investment advisory. With a strong presence in major Brazilian markets, RICO distinguishes itself through its user-friendly digital platform and innovative investment solutions tailored for both novice and experienced investors. The company has achieved significant milestones, including a robust client base and recognition for its commitment to transparency and customer service. As a key player in the Brazilian financial landscape, RICO continues to enhance its offerings, making it a preferred choice for those seeking to navigate the complexities of the investment world.

DitchCarbon Score

How does RICO Corretora de Títulos e Valores Mobiliários SA'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

RICO Corretora de Títulos e Valores Mobiliários SA's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

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RICO Corretora de Títulos e Valores Mobiliários SA's reported carbon emissions

RICO Corretora de Títulos e Valores Mobiliários SA currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. The company is classified as a merged entity and inherits its emissions performance data from XP Investimentos S.A., which is at a cascade level of 2. As of now, RICO has not established any documented reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of specific commitments suggests that RICO is still in the early stages of developing a comprehensive climate strategy. In the context of the financial services industry, it is increasingly important for firms to set measurable climate commitments and reduce their carbon footprints. RICO's future climate initiatives may benefit from the frameworks and targets established by its parent company, XP Investimentos S.A., as the industry moves towards greater sustainability and accountability in carbon emissions management.

How Carbon Intensive is RICO Corretora de Títulos e Valores Mobiliários SA's Industry?

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. RICO Corretora de Títulos e Valores Mobiliários SA's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is RICO Corretora de Títulos e Valores Mobiliários SA'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 RICO Corretora de Títulos e Valores Mobiliários SA is in BR, which has a very low grid carbon intensity relative to other regions.

RICO Corretora de Títulos e Valores Mobiliários SA'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.

RICO Corretora de Títulos e Valores Mobiliários SA 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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