Itau Unibanco Holding SA
Itau Unibanco Holding's GHG Emissions Data Preview
In 2023, Itau Unibanco Holding completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Itau Unibanco Holding has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Itau Unibanco Holding's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Itau Unibanco Holding amounted to 33,676 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Itau Unibanco Holding decreased by 18.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Itau Unibanco Holding's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Itau Unibanco Holding's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Itau Unibanco Holding were 19,208 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Itau Unibanco Holding reduced its Scope 1 emissions over time?
Since 2020, Itau Unibanco Holding's Scope 1 emissions have increased by 27.46%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Itau Unibanco Holding's Scope 1 emissions decreased by 16.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Itau Unibanco Holding's Scope 2 emissions?
In 2023, Itau Unibanco Holding reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 14,468 tCOâ‚‚e using the location-based method.
Has Itau Unibanco Holding reduced its Scope 2 emissions over time?
Since 2020, Itau Unibanco Holding's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 54.89%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Itau Unibanco Holding's Scope 2 emissions (Location-Based) fell by 21.09% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Itau Unibanco Holding use for Scope 2 reporting?
In 2023, Itau Unibanco Holding reported its Scope 2 emissions using the market-based method and using the location-based method.
Itau Unibanco Holding's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Itau Unibanco Holding's Value Chain Emissions
In 2023, Itau Unibanco Holding reported 22,515,204 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Itau Unibanco Holding includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Itau Unibanco Holding's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Itau Unibanco Holding's Scope 3 emissions?
In 2023, Itau Unibanco Holding reported total Scope 3 emissions of 22,515,204 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Itau Unibanco Holding reduced its Scope 3 emissions over time?
Since 2020, Itau Unibanco Holding's Scope 3 emissions have increased by 28,538.37%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Itau Unibanco Holding's Scope 3 emissions remained relatively stable, indicating that Itau Unibanco Holding 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Itau Unibanco Holding disclose?
In 2023, Itau Unibanco Holding reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Itau Unibanco Holding's Scope 3 emissions?
In 2023, the largest contributors to Itau Unibanco Holding's Scope 3 emissions were:
- Investments (Cat. 15): 22,451,714 tCOâ‚‚e (99.72%)
- Other/Unspecified Sources: 63,490 tCOâ‚‚e (0.28%)
Itau Unibanco Holding's Scope 3 Emissions by Categories
Insights into Itau Unibanco Holding's Total Carbon Footprint
In 2023, Itau Unibanco Holding reported a total carbon footprint of 22,548,880 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.02% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Itau Unibanco Holding's total carbon footprint was Scope 3 emissions, accounting for 99.85% of the company's total carbon footprint, followed by Scope 1 emissions at 0.09%.