Itaú-UnibancoBrazil
Created before Nov 2016
Last update: 2017-09-15 12:38:10
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About Itaú-Unibanco

Banco Itau took over Unibanco on November 3 2008, to form Itaú Unibanco Holding S.A. Itaú Unibanco is a publicly-held company which, together with its subsidiaries and affiliated companies, operates in Brazil and abroad. The bank is present in 18 countries other than Brazil. The bank has its headquarters in São Paulo, Brazil, and its activities and products include: asset management, investment banking, insurance, private equity, and retail banking. As of June 2017 Itau-Unibanco controlled assets worth BRL 1.353 trillion.

Website http://www.itau.com.br
Headquarters
Praça Alfredo Egydio de Souza Aranha, 100 Torre Olavo Setubal, Parque Jabaquara
04344-902 São Paulo
Brazil
CEO/chair Candido Botelho Bracher
CEO
Supervisor
Banco Central do Brasil
Annual report Integrated annual report 2016
Ownership
listed on BM&F Bovespa & NYSE Euronext

Publicly listed. Itau-Unibanco's corporate structure can be seen here.

Related Dodgy Deals

Itaú-Unibanco 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.

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Type:

Projects

There are no projects active for Itaú-Unibanco now.
On record

Rio Madeira dams: Jirau and Santo Antonio Brazil

energy plants - dams

Companies

There are no companies active for Itaú-Unibanco now.
On record

Glencore Switzerland

mining - coal

Dodgy Deals map

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News

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Type:
Year:
blog
external news
our news

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

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

TCFD: banks supporting better disclosure are not the ones exiting coal project finance

Bank support for FSB Task Force recommendations is welcome, but reveals lack of joined-up thinking
2017-07-31 | Ryan Brightwell – BankTrack, Yann Louvel – BankTrack
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 | 1231, Environmental Finance
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

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Type:
Year:
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

Integrated annual report 2016

2017-03-31 00:00:00 | Itau-Unibanco Holdings S.A.
annual reports

Integrated Report 2015

2016-07-20 00:00:00 | Itaú Unibanco Holdings S.A.
annual reports

Consolidated Annual Report 2015

2016-07-20 00:00:00 | Itaú Unibanco Holdings S.A.
bank documents

Code of Ethics

2016-07-20 00:00:00 | Itaú Unibanco
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
csr policies

Policy for Sustainability and Social Environmental Responsibility (2015)

2015-10-15 00:00:00 | Itau Unibanco
annual reports

Integrated Report 2014

2015-05-13 00:00:00 | Itaú Unibanco Holding S.A.
annual reports

2014 Consolidated Annual Report

2015-01-01 00:00:00 | Itaú Unibanco Holdings S.A.
csr policies

Human Rights Commitment

2014-12-31 00:00:00 | Itau Unibanco
annual reports

Consolidated Annual Report 2013

2014-05-13 00:00:00 | Itaú Unibanco Holding S.A.
annual reports

2013 Integrated Report

2013-12-31 00:00:00 | Itaú Unibanco Holdings S.A.
csr policies

Social and environmental risk policy

2013-05-28 00:00:00 | Itaú-Unibanco
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
correspondence

Segunda notificação extrajudicial- Complexo Hidreletrico de Belo Monte- Itau Unibanco

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

Notificação extrajudicial: teor da presente notificação- Itau Unibanco

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

Letter to EPFI's on 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
bank documents

Corporate Policy for the Prevention and Fight Against Illegal Activities

2009-09-23 00:00:00 | Itau-Unibanco

Links

Guia dos Bancos

Review of Itaú-Unibanco Fair Finance Guide Brazil
http://guiadosbancosresponsaveis.org.br/bancos/bancos/ita%C3%BA/

Banco Itaú Sustainability pages (portuguese only)

https://www.itau.com.br/sustentabilidade/

Policies

Voluntary initiatives

Itaú-Unibanco has committed itself to the following voluntary standards:

Investment policies

See here for a full overview of Itau-Unibanco's rules and policies. Itaú Unibanco operates an Ethical Ombudsman who can investigate complaints regarding the bank's implementation of its Code of Ethics and Human Rights Commitment. Email: ombudsman@ombudsman.itau-unibanco.com.br. See the Code of Ethics for more details.

Year:
csr policies

Policy for Sustainability and Social Environmental Responsibility (2015)

2015-10-15 00:00:00 | Itau Unibanco
csr policies

Human Rights Commitment

2014-12-31 00:00:00 | Itau Unibanco
csr policies

Social and environmental risk policy

2013-05-28 00:00:00 | Itaú-Unibanco

Issues

Itaú-Unibanco and the Equator Principles

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. Itaú-Unibanco adopted the Equator Principles in 2004.

Reporting on the Equator Principles

Itaú-Unibanco must report annually on its implementation of the Equator Principles. All information is supposed to be found here.

Dodgy Deals

Itaú-Unibanco is involved in financing the following Equator Principles projects that BankTrack considers controversial.

There are no projects active for Itaú-Unibanco now.
On record

Rio Madeira dams: Jirau and Santo Antonio Brazil

energy plants - dams

Human rights

True leader Front runner Follower Laggard
BankTrack has assessed Itaú-Unibanco on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Itaú-Unibanco is assessed as a Follower, with a total score of 3.5/12.
Policy: 2/3Due dilligence: 0/3
Reporting: 0.5/3Remedy: 1/3
For more details, see Banking with Principles? 2016 update.

Equator Principles

Implementation and reporting

Itaú-Unibanco is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

On record

Rio Madeira dams: Jirau and Santo Antonio Brazil

energy plants - dams

Good moves

Year: