Itau Unibanco – Interim Target A

separate for scope 1 and 2: scope 1- reduce emissions by 4% 2018-2021 scope 2- reduce emissions by 6% 2018-2021 offset 100% of its scope 1 and 2 emissions in 2019; carbon price determined internally: r$16.00/ tcoâ‚‚eq
by
Description of Interim Target

Itaú Unibanco has emission targets for scope 1 and scope 2. In 2018, we revisited our emissions targets and started using the Science Based Targets methodology for Scopes 1 and 2 in order to contain global warming below 2° C. Therefore, we set public targets to reduce our absolute Scope 1 emissions by 4% between 2018 and 2021, and to reduce our absolute Scope 2 emissions by 6% over the same period (2018 and 2021).

% reductions committed to
Interim Target
separate for scope 1 and 2: scope 1- reduce emissions by 4% 2018-2021 scope 2- reduce emissions by 6% 2018-2021 offset 100% of its scope 1 and 2 emissions in 2019; carbon price determined internally: r$16.00/ tcoâ‚‚eq
Baseline Emissions