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Financial Intermediation
BR
updated 4 months ago

Unibanco - União de Bancos Brasileiros S.A.

Company website

Unibanco - União de Bancos Brasileiros S.A., headquartered in Brazil, is a prominent player in the financial services industry. Founded in 1924, Unibanco has established itself as a leading bank, offering a diverse range of products and services, including retail banking, investment solutions, and insurance. With a strong presence in major operational regions across Brazil, the bank is known for its innovative approach to customer service and digital banking. Unibanco's unique offerings, such as personalised financial solutions and a robust online platform, set it apart in a competitive market. The bank has achieved significant milestones, including its merger with Itaú in 2008, which solidified its position as one of the largest financial institutions in Latin America. With a commitment to sustainability and social responsibility, Unibanco continues to enhance its reputation as a trusted financial partner.

DitchCarbon Score

How does Unibanco - União de Bancos Brasileiros 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.

30

Industry Benchmark

Unibanco - União de Bancos Brasileiros S.A.'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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Unibanco - União de Bancos Brasileiros S.A.'s reported carbon emissions

Unibanco - União de Bancos Brasileiros S.A. currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, the bank has not established any documented reduction targets or climate pledges. As a current subsidiary, Unibanco's climate commitments and emissions data may be influenced by its corporate family relationships; however, no specific initiatives or targets have been cascaded from a parent organisation. In the context of the banking industry, Unibanco's lack of publicly available emissions data and reduction initiatives highlights a potential area for improvement in transparency and climate action. The financial sector is increasingly expected to adopt robust climate strategies, and Unibanco's future commitments will be crucial in aligning with industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Unibanco - União de Bancos Brasileiros S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Unibanco - União de Bancos Brasileiros S.A. 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.

Unibanco - União de Bancos Brasileiros S.A. 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

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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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