Top 50 most sustainable companies in the world (P.20) Banco do Brasil: Most sustainable financial institution in the world

13-05-2022

(WorldKings.org) Banco do Brasil S.A. (English: Bank of Brazil) is a Brazilian financial services company headquartered in Brasília, Brazil.

It is the oldest bank in Brazil, and among the oldest banks in continuous operation in the world. It is also the second largest banking institution in Brazil, as well as the second largest in Latin America, and the seventy-seventh largest bank in the world. Banco do Brasil is controlled by the Brazilian government and is listed at the B3 stock exchange in São Paulo.

Banco do Brasil was founded in 1808 by then prince regent John (later King John VI of Portugal) to finance the kingdom's public debt when he moved from Europe to Brazil.

In addition to commercial and government services, the bank offers a large variety of services to the consumer including bill payment services (Boleto), ATM loans, and a single package that contains the account numbers for checking, multiple savings accounts, and investment account.

Banco do Brasil is among the most sustainable companies in the world, according to an annual ranking of corporate sustainability performance.

Banco do Brasil has been practicing methods of sustainability and corporate social responsibility for over a decade and those practices have only improved over time. Banco do Brasil comprises credit operations linked to investment and loans for renewable energy, energy efficiency, sustainable constructions, sustainable transport, sustainable tourism, water, fishing, forest, sustainable agriculture, and waste management.

The bank has also enacted their own Sustainability Plan entitled ‘Agenda 30 BB’ which exists as an instrument for the bank to improve and monitor its business/processes and its alignment with the UN’s 2030 Agenda. This plan is reviewed every two years to ensure efficient and transparent reporting of the company’s sustainability activities to its various stakeholders.

According to wikipedia


Brian (Collect & Edit) - WORLDKINGS (Source of photos : internet )

 

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