Public Profile

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.

37

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.

3

Industry Benchmark

Banrisul's score of 37 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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, and a significant 7,684,000 kg CO2e from Scope 3 emissions. The previous year, 2021, saw total emissions of about 10,655,600 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 total emissions were approximately 2,738,300 kg CO2e, comprising 639,700 kg CO2e from Scope 1 and 2,067,600 kg CO2e from Scope 2, with Scope 3 emissions at 31,000 kg CO2e. Despite these figures, Banrisul has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further engagement in climate action and sustainability practices within the banking sector.

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202020212022
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banrisul'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. Banrisul is headquartered in BR, which has a rank of very low, indicating very low grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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