Itau Unibanco Holding SA
Itau Unibanco Holding's GHG Emissions Data Preview
In 2024, 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 6 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Itau Unibanco Holding’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Itau Unibanco Holding’s data sources below and access millions more through our Disclosure Search.
Insights into Itau Unibanco Holding's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Itau Unibanco Holding amounted to 40,105 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Itau Unibanco Holding increased by 19.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
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 2024, the total Scope 1 emissions of Itau Unibanco Holding were 19,405 metric tons of CO₂ equivalent (tCO₂e). a
Has Itau Unibanco Holding reduced its Scope 1 emissions over time?
Since 2020, Itau Unibanco Holding's Scope 1 emissions have increased by 28.77%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Itau Unibanco Holding's Scope 1 emissions increased by 1.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Itau Unibanco Holding's Scope 2 emissions?
In 2024, Itau Unibanco Holding reported Scope 2 greenhouse gas (GHG) emissions of 20,700 tCO₂e without specifying the calculation method. a
What methodology does Itau Unibanco Holding use for Scope 2 reporting?
In 2024, Itau Unibanco Holding reported its Scope 2 emissions using an unspecified methodology. a
Itau Unibanco Holding's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Itau Unibanco Holding's Value Chain Emissions
In 2024, Itau Unibanco Holding reported 22,472,096 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Itau Unibanco Holding includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
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 2024, Itau Unibanco Holding reported total Scope 3 emissions of 22,472,096 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.66% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Itau Unibanco Holding reduced its Scope 3 emissions over time?
Since 2020, Itau Unibanco Holding's Scope 3 emissions have increased by 28,483.54%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), 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. a
What categories of Scope 3 emissions does Itau Unibanco Holding disclose?
In 2024, Itau Unibanco Holding reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Itau Unibanco Holding's Scope 3 emissions?
In 2024, the largest contributors to Itau Unibanco Holding's Scope 3 emissions were: a
- Investments (Cat. 15): 22,390,001 tCO₂e (99.66%)
- Employee Commuting (Cat. 7): 40,076 tCO₂e (0.18%)
- Business Travel (Cat. 6): 25,051 tCO₂e (0.11%)
Itau Unibanco Holding's Scope 3 Emissions by Categories
Insights into Itau Unibanco Holding’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Itau Unibanco Holding reported Scope 1 greenhouse gas (GHG) emissions of 19,405 tCO₂e and total revenues of USD 25,668 millions. This translates into an emissions intensity of 0.76 tCO₂e per millions USD. a
Itau Unibanco Holding's Scope 1 Emissions Intensity Compared to Peers
How does Itau Unibanco Holding's GHG emissions intensity compare to its peers?
In 2024, Itau Unibanco Holding reported a Scope 1 emissions intensity of 0.76 tCO₂e per millions USD. Compared to the peer group median of 0.51 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Itau Unibanco Holding rank on GHG emissions intensity within its industry?
In 2024, Itau Unibanco Holding ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Itau Unibanco Holding is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Itau Unibanco Holding's Total Carbon Footprint
In 2024, Itau Unibanco Holding reported a total carbon footprint of 22,512,201 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.16% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Itau Unibanco Holding's total carbon footprint was Scope 3 emissions, accounting for 99.82% of the company's total carbon footprint, followed by Scope 2 emissions at 0.09%. a