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Last update: 2021-06-17 00:00:00
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The Itaú-Unibanco Holding formed in November 2008, when Banco Itau took over Unibanco. Itaú-Unibanco is a publicly-held bank which, together with its subsidiaries and affiliated companies, operates in Brazil and abroad. The bank is present in eightteen countries besides Brazil. Itau-Unibanco has its headquarters in São Paulo, Brazil. Its activities and products include: asset management, investment banking, insurance, private equity, and retail banking.
Praça Alfredo Egydio de Souza Aranha, 100 Torre Olavo Setubal, Parque Jabaquara
04344-902 São Paulo
Milton Maluhy Filho |
Annual report 2020|
ESG Report 2020
listed on Brazil Stock Exchange & NYSE
Itau-Unibanco's shareholder structure can be accessed here.
|Complaints and grievances||
Itaú Unibanco does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. For general complaints the bank can be contacted via its Ouvidora (Ombudsman) channel (Portuguese only, requires customer number or Brazilian tax identification number); phone number: 0800 5700011.
Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).
Related Dodgy Deals
Dodgy Deals map
Banks and human rights
Human Rights Benchmark November 2019
Itaú-Unibanco's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Follower, with a total score of 5 out of 14.
Due dilligence: 2/5
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-itau-unibanco-s-a-2019/
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.
Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress
World’s 50 largest banks and investors driving deforestation through weak policies and major investments, new study finds
Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming
A call to action on the Principles for Responsible Banking: End climate-destructive financing now
Principles for Responsible Banking no obstacle to finance climate destruction
Banks funnelled over USD 150 billion into companies driving deforestation since Paris Agreement, new data analysis shows
Bradesco, Itaú, and Santander Launch Plan Promoting Sustainable Development in Amazon
Equator Principles: New BankTrack database sheds light on patchy project name reporting
Global finance sector failing to apply conservation criteria to pulp and paper funding
4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows
Brazilian's public prosecutors office is suing banks for providing credit to companies that are on the slave labour black list
Financiers of pulp and paper industry projects will cause environmental and social harm, says new report
TCFD: banks supporting better disclosure are not the ones exiting coal project finance
Belo Monte dam does not meet sustainability criteria of world's private banks, say rights groups
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
BankTrack calls upon banks to Close the Gap on investment policies
Equator Principles: Action, not words needed
Civil society groups call for bold steps forward with Equator Principles
Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress
Forests & Finance 2021 Briefing - Is Your Money Destroying Rainforests or Violating Rights?
A Call to Action on the Principles for Responsible Banking: End Climate-Destructive Financing Now
Banking with Principles? Second Edition June 2016
Segunda notificação extrajudicial- Complexo Hidreletrico de Belo Monte- Itau Unibanco
Voluntary standardsItaú-Unibanco has committed itself to the following voluntary standards:
- Carbon Disclosure Project
- Equator Principles
- Global Reporting Initiative
- Net-Zero Banking Alliance (NZBA)
- Paris Agreement Capital Transition Assessment (PACTA)
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Task Force on Climate-related Financial Disclosures
- United Nations Global Compact
Itaú-Unibanco's webpage on corporate social responsibility can be accessed here.
Implementation and reporting
Itaú-Unibanco is reporting on the implementation here.