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.
How does Banco Do Brasil'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 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.
Banco Do Brasil's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Banco do Brasil has not reported specific carbon emissions data. However, their most recent available emissions data from 2021 indicates total emissions of approximately 13,410,000 kg CO2e. This figure encompasses both Scope 1 and Scope 2 emissions, although detailed breakdowns for these scopes are not provided. Banco do Brasil is committed to achieving net-zero emissions by 2050, as part of their long-term climate strategy. They have set targets under the Science Based Targets initiative (SBTi), committing to reduce emissions across all scopes. The bank's commitment to net-zero was formalised in 2021, with a deadline for submitting specific reduction targets set for January 2023. In summary, while specific emissions data for 2023 is unavailable, Banco do Brasil is actively pursuing significant climate commitments aimed at reducing their carbon footprint and contributing to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2009 | 2010 | |
---|---|---|
Scope 1 | 4,495,000 | 0,000,000 |
Scope 2 | 17,591,000 | 00,000,000 |
Scope 3 | - | - |
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.
Banco Do Brasil is committed to some reduction initiatives 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.