Itau Unibanco

Profile In-Progress
Target year
2050
Alignment with target-setting standards
Target Status
Formally Adopted
Terminology Tags
  • Net-Zero Pledge
  • Interim Targets
  • Pathways
  • About
  • Similar Actors

Interim Targets

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/ tco₂eq
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/ tco₂eq
Baseline Emissions

About

Profile in-progress

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