Sustainability
Sustainable Performance:
Our Sustainability Plan contributes to the improvement of businesses and processes by consolidating actions with socio and environmental bias. Organized on sustainability challenges, it unfolds in mapped commitments based on the evaluation of national and international trends of sustainability, Market indexes and demands of society in general. For their organization and effectiveness, the challenges are distributed among the five pillars of SDG.
Updated 09/05/2023 at 12:29 pm
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BB 2030 Commitments for a More Sustainable World -
Greenhouse Gas Inventory -
Climate changes -
Code of Ethics -
Publications -
Social and Environmental Due Diligence
We present the policies, guidelines and commitments assumed by BB that reflect the best corporate practices and are based on Brazilian legislation, international commitments and protocols
Annual Report
ESG Databook
Sustentabilidade
Updated 10/21/2024 at 12:29 pm
Corporate Governance and Management in Socio-environmental Responsibility
Governance and sustainability management has been practiced by Banco do Brasil for more than a decade and has been improved over time. The Code of Ethics and the Sustainability Plan Agenda 30 BB are examples of this evolution, as well as the various voluntary public pacts and commitments of which BB is a signatory.
Management Structure
Socio-environmental responsibility is a corporate policy that proposes to incorporate the principles of sustainable development into the planning of its activities, business and administrative practices, involving its relationship audiences.
Based on this premise, the evaluation of organizational performance goes beyond economic indicators, which considers, in an integrated manner social dimensions - such as the defense of human and labor rights, the welfare of employees, the promotion of diversity, respect for differences, social inclusion and direct investments in the community – and environmental preservation – such as those that consider the direct and indirect impacts of our activities on air, water, land and biodiversity.
access the document here |
Sustainability Plan – Agenda 30 BB
The Sustainability Plan, entitled Agenda 30 BB, is the instrument through which the Bank improves its business and processes, aligning itself with the best international practices and contributing to the socio-environmental responsibility permeating the entire Conglomerate, seeking for the generation of sustainable results.
The Sustainability Plan is reviewed every two years to be kept update through a systematic process involving all strategic areas of the Bank and representatives of its main stakeholders (employees, customers, suppliers, partners, shareholders / investors, civil society and sustainability experts, competitors, regulators, press / media and government).
In alignment with the Sustainable Development Goals (SDG) launched by the United Nations (UN), Agenda 30 BB includes several actions established for a three-year period and is distributed among the five pillars: People, Planet, Prosperity, Peace and Partnership.
Click here for details (portuguese only)
Updated 06/20/2022 at 11:32 am
Our Social, Environmental and Climate Risk management structure follows policies and processes approved by Senior Management. Our objective is to identify, measure, evaluate, monitor, report, control and mitigate the social risks associated with the violation of fundamental rights and guarantees or acts that are harmful to common interest, as well as the environmental risks associated with the degradation of the environment, including the use excessive use of natural resources and also climate risks considering the two dimensions: physical risk and transition risk. Physical risk is associated with frequent and severe weather or long-term environmental changes, while transition risk is associated with the transition process to a low-carbon economy.
Updated 04/30/2024 at 03:14 pm
Equator Principles
As a signatory of the Equator Principles (EP), BB adopts the standards of International Finance Corporation (IFC) on risk analysis to ensure that financings will contribute to social development and that the best environmental management practices will be complied with in the implementation of the projects. For projects covered by the EP, we require socio-environmental compliance evaluations, conducted by an independent consulting firm, in case a risk in an analysis conducted by our responsible area is indicated.
BB uses socio-environmental criteria in risk analysis, credit limit and investment projects, and conditions financing to compliance with environmental legislation, applicable to each sector that it finances, requiring legal documentation.
More information The Equator Principles
Cases
We present our main cases involving the Equator Principles.
Principles for Responsible Investment
In line with the principles of social and environmental responsibility adopted by Banco do Brasil, since November 2010, BB Gestão de Recursos – Distribuidora de Títulos e Valores Mobiliários S.A. (BBDTVM) is a signatory to the Principles for Responsible Investment (PRI), an initiative of global investors supported by the United Nations, proposing to proposing to implement, in its management processes, practices that promote the integration of environmental, social and corporate governance (ESG) issues in its investment analysis and decision.
BBDTVM implemented its own methodology of incorporation of ESG aspects (Environmental, Social and Corporate Governance) in its economic and risk analyses in the assessment and selection of equities (Variable Income) for the portfolios of the funds under management. The methodology is divided into two large groups: general indicators (governance structure, social and environmental aspects and the positioning of the company with regard to sustainability indexes and alignment to GRI standard) and specific, defined according to the specific needs of each area.
Banco do Brasil’s Sustainable Finance Framework
Framework | |
SocialBond-2023-Assurance | |
Party Opinion | |
Sustainability Bond 2024 – Assurance | |
Sustainability Linked Finance Framework– SLFF
The Banco do Brasil Sustainability Linked Finance Framework (SLFF) is a set of guidelines that aims to further align BB’s fundraising strategy with its goals and commitments corporate sustainability. Focusing on fundraising for BB itself, the resources raised can be used for general purposes. The financial and/or structural characteristics of sustainability-linked debt may vary, depending on how the Bank achieves pre-defined sustainability objectives. In this modality, BB expressly commits (including in the operation documentation) to future improvements in certain sustainability metric(s), within a pre-defined period.
Sustainability Linked Finance Framework | |
SLFF Second Party Opinion |
Updated 12/05/2024 at 05:38 pm
Structured Volunteer Program
The BB Volunteer Program supports and encourages the involvement of active or retired employees, family members and friends in carrying out voluntary activities. To promote greater interaction with the public, we have made available a platform on the internet – http://voluntariadobb.com.br/ to facilitate the management of the Program and communication between BB volunteers, institutions, unit committees, BB and the general public. (Portuguese only)
Private Social Investment | |
Banco do Brasil’s Commitment to Financial Inclusion |
Updated 07/18/2023 at 04:49 pm
Environmental Preservation Strategy |
Updated 12/04/2024 at 04:00 pm