BankTrack is the international tracking, campaigning and civil society support organisation focused on commercial banks and their finance.
We aim to stop banks from financing harmful business activities and promote a banking sector that contributes to just societies and a healthy planet.
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.
| Website | http://www.bb.com.br |
| Headquarters |
SBS Quadra 01 Bloco G ed. sede III - 24° Andar Setor Bancario Sul
70074-900 Brasilia
Brazil
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| CEO/chair |
Rubem Novaes CEO |
| Supervisors | |
| Annual report | Annual report 2018 |
| Ownership |
listed on Brazil Stock Exchange
The Brazilian National Treasury is the largest shareholder in Banco do Brasil. A full ownership overview can be accessed here. |
Banco do Brasil's webpage on corporate social responsibility can be accessed here (in Portuguese).
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Banco do Brasil adopted the Equator Principles in 2006.
Banco do Brasil must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Banco do Brasil is involved in financing the following Equator Principles projects that BankTrack considers controversial.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed Banco do Brasil on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Banco do Brasil is assessed as a Laggard, with a total score of 2/12.
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Banco do Brasil is reporting on the implementation here.
