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Public Profile
Financial Intermediation
BR
updated 6 months ago

Banco do Estado de Sergipe S.A.

Company website

Banco do Estado de Sergipe S.A., commonly referred to as Banese, is a prominent financial institution headquartered in Aracaju, Brazil. Established in 1961, Banese has played a vital role in the economic development of the Sergipe region, offering a range of banking services tailored to meet the needs of individuals and businesses alike. Operating primarily in the state of Sergipe, Banese provides core products such as personal and business loans, savings accounts, and investment services. What sets Banese apart is its commitment to local development, fostering economic growth through tailored financial solutions. With a strong market presence, the bank has achieved notable milestones, including significant contributions to regional infrastructure projects. Banese continues to be a trusted partner for financial services in the region, reinforcing its position as a key player in Brazil's banking industry.

DitchCarbon Score

How does Banco do Estado de Sergipe S.A.'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.

28

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.

27

Industry Benchmark

Banco do Estado de Sergipe S.A.'s score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Banco do Estado de Sergipe S.A.'s reported carbon emissions

Banco do Estado de Sergipe S.A. currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. This lack of data suggests that the institution may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As a financial institution, Banco do Estado de Sergipe S.A. operates within an industry increasingly focused on sustainability and climate action. While no emissions data or reduction initiatives are available, it is essential for banks to consider their role in financing sustainable projects and supporting clients in their transition to a low-carbon economy. In summary, without specific emissions data or climate commitments, Banco do Estado de Sergipe S.A. appears to have room for growth in its environmental strategy and engagement with climate-related initiatives.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco do Estado de Sergipe S.A.'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. This request for Banco do Estado de Sergipe S.A. is in BR, which has a very low grid carbon intensity relative to other regions.

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.

Banco do Estado de Sergipe S.A. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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