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Public Profile
Financial Intermediation
BR
updated 5 months ago

Banco Votorantim S.A.

Company website

Banco Votorantim S.A., commonly referred to as Votorantim Bank, is a prominent financial institution headquartered in São Paulo, Brazil. Established in 1988, the bank has carved a niche in the Brazilian banking sector, focusing on corporate banking, investment banking, and asset management. With a strong presence in major operational regions across Brazil, Banco Votorantim has consistently delivered innovative financial solutions tailored to meet the diverse needs of its clients. The bank's core offerings include credit solutions, treasury services, and investment products, distinguished by their customer-centric approach and robust risk management practices. Over the years, Banco Votorantim has achieved significant milestones, solidifying its position as a key player in the financial landscape of Brazil. Its commitment to excellence and adaptability in a dynamic market have earned it a reputation for reliability and trustworthiness among its clientele.

DitchCarbon Score

How does Banco Votorantim 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.

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.

27

Industry Benchmark

Banco Votorantim S.A.'s score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Banco Votorantim S.A.'s reported carbon emissions

Inherited from Banco do Brasil S.A.

Banco Votorantim S.A., headquartered in Brazil, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The organisation is a current subsidiary of Banco do Brasil S.A., which may influence its climate commitments and reporting practices. While Banco Votorantim S.A. has not established its own reduction targets or initiatives, it inherits climate-related commitments from its parent company, Banco do Brasil S.A. This includes participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Banco do Brasil S.A. at a corporate family level. As of now, there are no specific reduction targets or achievements reported by Banco Votorantim S.A. However, the alignment with its parent company's climate strategies suggests a commitment to addressing carbon emissions and contributing to broader sustainability goals within the financial sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Votorantim 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 Votorantim 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 Votorantim 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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Where does DitchCarbon data come from?

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