Banco do Brasil SA
Banco do Brasil's Climate Target Data Preview
As of 2024, Banco do Brasil has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Banco do Brasil ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2026 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2027 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2028 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2029 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Loan Ammount | Copy restricted. Please purchase to unlock this data.  b | 2031 |
Verified Sources Behind Banco do Brasil’s Climate Targets Data
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Insights into Banco do Brasil's Greenhouse Gas Emissions Pathways
As of 2024, Banco do Brasil has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
Does Banco do Brasil have a target to reduce the emissions from its operations?
As of 2024, Banco do Brasil has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Banco do Brasil's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 25,650.97 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a
As of 2024, Banco do Brasil is ahead of schedule on its operational emissions reduction target, having achieved 67.93% of the planned reduction. a
Banco do Brasil's Operational (Scope 1+2) Emissions Pathway
Does Banco do Brasil have a target to reduce the emissions from its value chain?
As of 2024, Banco do Brasil has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. b
Banco do Brasil's most ambitious value chain target is to reduce these emissions by 25% by 2031, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Loan Ammount in 2021. b
Instead of reducing value chain emissions, Banco do Brasil has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. b