Banco do Brasil head offices in Brasilia. Photo: Google Earth/StreetviewBanco do Brasil is a Brazilian bank, partly state-owned, partly publicly listed at the stock exchange in Sao Paulo. Banco do Brasil was founded in 1808 by then prince-regent João VI of Portugal to finance the kingdom's public debt when he moved from Europe to Brazil. The close relations between bank and state are reflected in the fact that the CEO is appointed by the Brazilian president. The bank offers Insurance, Retail banking and Private equity services.
| Website | http://www.bb.com.br |
| Headquarters |
SBS Quadra 01 Bloco G ed. sede III - 24° Andar Setor Bancario Sul
70074-900 Brasilia
Brazil
|
| CEO/chair |
Fausto de Andrade Ribeiro CEO |
| Supervisors | |
| Annual report | Annual report 2021 |
| Ownership |
listed on Brazil Stock Exchange
The Brazilian National Treasury is the largest shareholder in Banco do Brasil. The bank's complete shareholder structure can be accessed here. |
| Complaints and grievances |
Banco do Brasil has not established any grievance mechanisms available to individuals and communities for human rights violations related to its financing. Stakeholders may, however, raise complaints via the OECD National Contact Points (see OECD Watch guidance). |
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
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A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
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A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
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A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
This page evaluates Banco do Brasil's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Banco do Brasil's webpage on corporate social responsibility can be accessed here.
Banco do Brasil is reporting on the implementation here.