Banrisul
Banrisul, officially known as Banco do Estado do Rio Grande do Sul S.A., is a prominent financial institution headquartered in Porto Alegre, Brazil. Established in 1928, Banrisul has evolved into a key player in the banking sector, primarily serving the southern regions of Brazil, including Rio Grande do Sul. The bank offers a diverse range of services, including retail banking, corporate finance, and investment solutions, distinguished by its commitment to customer service and regional development. With a strong market presence, Banrisul has achieved notable milestones, such as expanding its digital banking capabilities and enhancing financial inclusion initiatives. Recognised for its stability and innovation, Banrisul continues to play a vital role in the Brazilian banking landscape, catering to the needs of individuals and businesses alike.
DitchCarbon Score
How does Banrisul'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.
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.
Industry Benchmark
Banrisul's score of 22 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banrisul's reported carbon emissions
In 2022, Banrisul reported total carbon emissions of approximately 9,860,200 kg CO2e. This figure includes 728,300 kg CO2e from Scope 1 emissions, 1,446,800 kg CO2e from Scope 2 emissions, and a significant 7,684,000 kg CO2e from Scope 3 emissions. This represents a notable decrease from 2021, when total emissions were about 14,537,500 kg CO2e, with Scope 1 at 958,900 kg CO2e, Scope 2 at 4,642,300 kg CO2e, and Scope 3 at 5,054,400 kg CO2e. In 2020, the bank's emissions were considerably lower, at around 5,716,000 kg CO2e, with Scope 1 emissions of 639,700 kg CO2e, Scope 2 emissions of 2,067,600 kg CO2e, and minimal Scope 3 emissions of 31,000 kg CO2e. Despite these reductions, Banrisul has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The emissions data is not cascaded from any parent organisation, and all figures are reported directly by Banco do Estado do Rio Grande do Sul S.A. Banrisul's ongoing efforts to manage and reduce its carbon footprint reflect a growing awareness of climate impact within the banking sector, although further commitments and targets would enhance its sustainability profile.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 639,700 | 000,000 | 000,000 |
| Scope 2 | 2,067,600 | 0,000,000 | 0,000,000 |
| Scope 3 | 31,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Banrisul 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.
