Banco do BrasilBrazil
Created before Nov 2016
Last update: 2020-07-21 12:56:23
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About Banco do Brasil

Banco 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
CEO/chair Rubem de Freitas Novaes
CEO
Supervisors
Banco Central do Brasil & Federal Government Brasil
Annual report Annual report 2019
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.

Related Dodgy Deals

Banco Do Brasil has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

There are no active projects for Banco do Brasil now.

Projects - on record profiles

Belo Monte dam Brazil profile

Hydroelectric Power Generation
Approached, interested
9 September 2010
Banco do Brasil may fund R$5.5 billon ($3.2 billion USD), or about 30% of Belo Monte's stated cost.
source: Valor Economico, "BB empresta R$ 5,5 bilhões para a usina de Belo Monte"

Rio Madeira dams: Jirau and Santo Antonio Brazil profile

Hydroelectric Power Generation
Uncategorised
Equator Principles signatory
Uncategorised
Coordination of the pool of banks that finance the Jirau dam
Debt – corporate loan
Loan with specific funding of BNDES for the Santo Antonio and Jirau dams.

Companies - active profiles

Eldorado Brasil Brazil profile

Pulp, Paper and Paperboard Mills
Bond issue – underwriter
USD 316 million
10 June 2016 - 10 June 2021
Five year cross border bond, Eldorado's first overseas offering
source: Bloomberg
link

Minerva Foods Brazil profile

Agriculture for Biofuels | Agriculture for Food Crops | Beef Industry
Share issue – underwriter
USD 25 million
2020
Total amount of share issuances by Banco do Brasil in 2020.
source: Forests & Finance database.
link
Bond owner/manager
USD 3 thousand
2020
Total amount of bondholding by Banco do Brasil in 2020.
source: Forests & Finance database.
link
Equity – share owner/manager
USD 8 million
2020
Total amount of shareholding by Banco do Brasil in 2020.
source: Forests & Finance database.
link
Bond issue – underwriter
USD 10 million
2019
Total amount of bond issuance by Banco do Brasil in 2019.
source: Forests & Finance database.
link
Bond issue – underwriter
USD 116.338 million
2017
Total amount of bond issuance by Banco do Brasil in 2017.
source: Forests & Finance database.
link

Suzano Brazil profile

Pulp, Paper and Paperboard Mills
Bond issue – underwriter
USD 71 million
17 September 2018 - 15 January 2029
The total value of the bond issuance was US 1000.
source: link
Bond issue – underwriter
USD 83 million
2016 - 2026
The total value of this international Green Bond issuance was USD 500 mln.
source: link

Vale Brazil profile

Coal Mining | Mining
Debt – corporate loan
USD 3 billion
26 December 2019 - 26 December 2024
Co-financed USD 3 billion credit facility
source: Vale press release
link
Bond issue – underwriter
USD 185.19 million
7 February 2017 - 10 August 2026
Via Vale Overseas Ltd.
source: Profundo research Jan 2019
Bond issue – underwriter
USD 156.25 million
3 August 2016 - 10 August 2026
Via Vale Overseas Ltd.
source: Profundo research Jan 2019
Bond issue – underwriter
USD 250 million
7 June 2016 - 10 June 2021
Issued via Vale Overseas Ltd.
source: Profundo research Jan 2019
There are no active companies for Banco do Brasil now.

Companies - on record profiles

Eletrobras Brazil profile

Biomass Electric Power Generation | Coal Electric Power Generation | Electric Power Distribution | Hydroelectric Power Generation | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation
Equity – share owner/manager
EUR 89.8 million
source: Thomson ONE Banker database.

ENGIE France profile

Coal Electric Power Generation | Hydroelectric Power Generation
Uncategorised
EUR 21.8 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014

Glencore Switzerland profile

Coal Mining
Debt – corporate loan
EUR 106.4 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Dodgy Deals map

All
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Projects
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Companies
Targets
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Active profiles
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On record profiles

Policy Assessments

Banks and human rights

BankTrack Human Rights Benchmark 2019

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
Banco do Brasil
BRA
For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Banks funnelled over USD 150 billion into companies driving deforestation since Paris Agreement, new data analysis shows

First-ever database reveals true scope of financing of forest-risk commodity companies, amidst global rainforest fires
2020-09-01 | San Francisco | BankTrack, Forests & Finance, Rainforest Action Network
blog
external news
our news

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

TRT ratifica decisão liminar que obriga Eldorado a adequar jornada de trabalho de seus motoristas

2020-01-24 | Ministerio Publico do Trabalho
blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

Brazilian's public prosecutors office is suing banks for providing credit to companies that are on the slave labour black list

(article in Portuguese)
2019-05-24 | Opovo online
blog
external news
our news

Justiça condena indústria Eldorado a indenizar sociedade em R$ 2 milhões por infrações trabalhistas

2018-08-28 | Ministerio Publico do Trabalho
blog
external news
our news

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

Belo Monte dam does not meet sustainability criteria of world's private banks, say rights groups

2011-11-07 | Brazil | International Rivers and Amigos da Terra-Amazônia
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

Banco do Brasil sued over ‘slavery’ funding

2011-04-01 | Sao Paolo | Financial Times
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Bancos ainda financiam atividades não sustentáveis

2010-05-11 | Brazil | estadao
blog
external news
our news

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
blog
external news
our news

Environmentalists Blast Construction License for Amazon Dam

2008-08-14 | Sao Paulo | Amigos da Terra Amazonia Brasileira
blog
external news
our news

Independent Experts Find Fatal Flaws in Amazon Dam Studies

International Rivers
2006-11-13 | Sao Paulo, San Fransisco | Amigos da Terra Amazonia Brasileira

Documents

| | | | | | | | | | | |
Type:
Year:
annual reports

Annual report 2019

2020-07-21 00:00:00 | Banco do Brasil
csr policies

Climate change statement

2020-05-12 00:00:00 | Banco do Brasil
csr policies

Socioenvironmental responsibility policy

2020-03-03 00:00:00 | Banco do Brasil
csr policies

Human Rights policy

2019-08-09 00:00:00 | Banco do Brasil
csr policies

Socio-environmental guidelines for controversial issues

2019-08-09 00:00:00 | Banco do Brasil
annual reports

Annual report 2018

2019-04-30 00:00:00 | Banco do Brasil
csr policies

Sustainability Credit Guidelines

2019-01-01 00:00:00 | Banco do Brasil
csr policies

Code of Ethics and Standards of Conduct

2018-12-31 00:00:00 | Banco do Brasil
annual reports

Annual report 2017

2018-03-31 00:00:00 | Banco do Brasil
csr policies

Specific Policy of Prevention and Combat Against Money Laundering, Terrorism Financing and Corruption

2017-12-18 00:00:00 | Banco do Brasil
ngo documents

In the Red

An Assessment of Bank Policies for Financing Pulp and Paper
2017-08-01 00:00:00 | Environmental Paper Network
annual reports

Annual Report 2016

2017-03-31 00:00:00 | Banco do Brasil
annual reports

Annual report 2015

2016-06-30 00:00:00 | Banco do Brasil
our publications

Banking with Principles? Second Edition June 2016

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2016-06-30 00:00:00 | BankTrack
our publications

Green Paper, Red Lines

Requirements for pulp and paper industry finance
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
annual reports

Annual Report 2014

2015-06-25 00:00:00 | Banco do Brasil
annual reports

Annual Report 2013

2014-01-01 00:00:00
bank documents

Corporate Governance Code

2013-10-24 00:00:00 | Banco do Brasil
annual reports

Annual Report 2012

2013-01-01 00:00:00
ngo documents

An Introduction to the Brazilian Banking Sector and its Sustainability Practices

2012-12-19 00:00:00 | Amigos da Terra – Amazônia Brasileira
ngo documents

Introdução ao Setor Bancário Brasileiro e Suas Práticas de Sustentabilidade

2012-12-19 00:00:00 | Amigos da Terra – Amazônia Brasileira
annual reports

Connection and Sustainability 2011

2012-01-01 00:00:00
correspondence

Segunda notificação extrajudicial- Complexo Hidreletrico de Belo Monte- Banco do Brasil

short version
2011-10-25 00:00:00 | Amigos da Terra- Amazonia Brasileira
correspondence

Notificação extrajudicial: teor da presente notificação- Banco do Brasil

Long version
2011-10-25 00:00:00 | Amigos da Terra- Amazonia Brasileira
correspondence

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
our publications

Close the Gap

Benchmarking investment policies of international banks
2010-04-27 00:00:00 | BankTrack
correspondence

Rede de organizações pede a bancos efetivação e melhoria aos Princípios do Equador

2010-01-14 00:00:00 | BankTrack

Links

Banco do Brasil's corporate social responsibility webpage

In Portugese only

https://ri.bb.com.br/en/corporate-governance-and-sustainability/sustainability/

EPN assessment of policies against 14 minimum criteria - Banco do Brasil

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/banco-do-brasil/

Policies

Voluntary initiatives

Banco do Brasil has committed itself to the following voluntary standards:

Investment policies

Banco do Brasil's webpage on corporate social responsibility can be accessed here.

Year:
csr policies

Climate change statement

2020-05-12 00:00:00 | Banco do Brasil
csr policies

Socioenvironmental responsibility policy

2020-03-03 00:00:00 | Banco do Brasil
csr policies

Human Rights policy

2019-08-09 00:00:00 | Banco do Brasil
csr policies

Socio-environmental guidelines for controversial issues

2019-08-09 00:00:00 | Banco do Brasil
csr policies

Sustainability Credit Guidelines

2019-01-01 00:00:00 | Banco do Brasil
csr policies

Code of Ethics and Standards of Conduct

2018-12-31 00:00:00 | Banco do Brasil
csr policies

Specific Policy of Prevention and Combat Against Money Laundering, Terrorism Financing and Corruption

2017-12-18 00:00:00 | Banco do Brasil

Equator Principles

Implementation and reporting

Banco do Brasil is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

on record

Belo Monte dam Brazil

Hydroelectric Power Generation
on record

Rio Madeira dams: Jirau and Santo Antonio Brazil

Hydroelectric Power Generation

Good moves

Year: