Banco do Brasil S.A., commonly referred to as Banco do Brasil, is a prominent financial institution headquartered in Brasília, Brazil. Established in 1808, it stands as one of the oldest banks in the country, with a rich history marked by significant milestones in the banking sector. The bank operates extensively across Brazil, with a strong presence in major urban centres and rural areas, catering to a diverse clientele.
As a leading player in the banking industry, Banco do Brasil offers a comprehensive range of services, including retail banking, corporate finance, and investment solutions. Its unique blend of traditional banking practices and innovative digital services positions it favourably in the competitive landscape. Notably, Banco do Brasil has achieved recognition for its robust financial performance and commitment to sustainable practices, solidifying its status as a key contributor to Brazil's economic development.
+18 vs industry average
Banco Do Brasil’s score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Banco Do Brasil's reported carbon emissions
In 2024, Banco do Brasil reported total carbon emissions of approximately 18.3 trillion kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions totalled about 18.3 trillion kg CO2e, Scope 2 emissions were approximately 29.7 trillion kg CO2e, and Scope 3 emissions accounted for around 93.5 trillion kg CO2e. The bank has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which the bank has engaged with since 2021. Banco do Brasil is classified as a financial institution and is actively working towards integrating sustainability into its operations and investment strategies. The emissions data is not cascaded from any parent organization, indicating that Banco do Brasil independently reports its emissions and climate commitments. The bank's ongoing efforts reflect a growing recognition of the importance of addressing climate change within the financial sector.
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Banco Do Brasil’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Banco Do Brasil yet.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Banco Do Brasil
Frequently asked questions
Common questions about Banco Do Brasil’s sustainability data and climate commitments
Data year: 2024
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