Banco Do Brasil

Banco Do Brasil's reported carbon emissions

**Banco Do Brasil: Carbon Emissions and Climate Commitments** Banco Do Brasil, a financial intermediation services provider headquartered in BR, has reported significant carbon emissions across Scopes 1, 2, and 3. For the reporting year 2024, the total reported emissions were approximately 18.33 trillion kg CO2e for Scope 1, 29.73 trillion kg CO2e for Scope 2 (location-based), and a substantial portion from Scope 3, including approximately 9.35 trillion kg CO2e from business travel, 10.06 trillion kg CO2e from employee commutes, and 20.97 billion kg CO2e from purchased goods and services. Upstream transportation and distribution contributed around 22.24 trillion kg CO2e. In 2023, total emissions were approximately 18.49 trillion kg CO2e for Scope 1 and 19.71 trillion kg CO2e for Scope 2 (location-based). Scope 3 emissions in 2023 included about 6.21 trillion kg CO2e for business travel and 7.37 trillion kg CO2e for employee commutes. Looking back, in 2022, Scope 1 emissions were approximately 25.65 trillion kg CO2e, and Scope 2 (location-based) emissions were around 21.83 trillion kg CO2e. In 2021, Scope 1 emissions were approximately 20.52 trillion kg CO2e and Scope 2 emissions were approximately 63.83 trillion kg CO2e. Scope 3 emissions in 2021 included about 1.15 trillion kg CO2e for business travel and 10.86 trillion kg CO2e for employee commutes. In 2020, Scope 1 emissions totalled approximately 27.61 trillion kg CO2e and Scope 2 emissions were about 32.89 trillion kg CO2e. Banco Do Brasil has committed to net-zero emissions across all scopes by 2050, as indicated by its Science Based Targets initiative (SBTi) alignment. The institution is a member of the Business Ambition for 1.5°C campaign, with a commitment date of 2021-01-01. The SBTi commitments are sourced directly from Banco Do Brasil, with no data cascading from a parent organisation.