Itaú Unibanco

Assessment year: 2018

Total score 
2 out of 5
Awareness, understanding and intent 
0 out of 5
Commodity 
1 out of 5
Scope 
1 out of 5
Implementation, monitoring and reporting 
3 out of 5

Assessment year: 2017

Total score 
2 out of 5
Awareness, understanding and intent 
0 out of 5
Commodity 
2 out of 5
Scope 
2 out of 5
Implementation, monitoring and reporting 
3 out of 5

Assessment year: 2016

Total score 
2 out of 5
Overall forest policy 
2 out of 5
Policy strength 
2 out of 5
Reporting and transparency 
4 out of 5
Financial institution type 
Asset manager, Bank
HQ 
Brazil

Collective commitments

Banking Environment Initiative member
No
New York Declaration on Forests signatory
No

150 Financial institutions

Investors and lenders need to adopt and implement environmental, social and governance (ESG) criteria that ensure their investments are not funding deforestation. For analysis of how the financial sector is performing click here.

This assessment has been carried out following the assessment methodology developed for the Forest 500 project.

Profile 

Itaú Unibanco are banking group based in Brazil serving both private and commercial customers. Their services include corporate finance, investment banking, wealth management, insurance, pensions and retail banking services. As of 2017, their total assets amount to more than 1.3 trillion BRL, including over 400 billion BRL in loans. Itaú Unibanco are one of the top 60 lenders to Forest 500 companies, with more than 3 billion USD of loans to companies across a broad range of forest risk sectors.

Other financial institutions

BNP Paribas

Score
3 out of 5

HSBC

Score
3 out of 5

Deutsche Bank

Score
3 out of 5

ING Group

Score
3 out of 5

Royal Bank of Scotland

Score
3 out of 5

Credit Suisse

Score
3 out of 5

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our citation guidance for advice on how to cite data presented here or elsewhere on this site.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.