Itaú-UnibancoBrazil
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Policies
Policy Assessments
Dodgy Deals
Dodgy Deals Map
Documents
News
Links

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Created before Nov 2016
Last update: 2021-06-17 00:00:00
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About Itaú-Unibanco

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.

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 Milton Maluhy Filho
CEO
Supervisor
Banco Central do Brasil
Annual reports Annual report 2020
ESG Report 2020
Ownership
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

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.

Dodgy Deals map

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Targets
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Active profiles
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On record profiles

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Itaú-Unibanco
2022-03-15
BRA
2020
0
0
Explanation

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. 

For more details see this page.

Banks and Human Rights

Human Rights Benchmark November 2019

BankLast update
Country
Score
Ranking
Details
Itaú-Unibanco
BRA
5
Follower
Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

The Chain: Active Fires Detected in SLC Agrícola’s Fazenda Perdizes Property in the Amazon

2021-09-06 | Chain Reaction Research
blog
external news
our news

Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance
blog
external news
our news

World’s 50 largest banks and investors driving deforestation through weak policies and major investments, new study finds

Top investors BlackRock, Vanguard, State Street, PNB, EPF, GPIF, and KWAP all amongst lowest scoring
2021-06-08 | Forests & Finance
blog
external news
our news

Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
blog
external news
our news

A call to action on the Principles for Responsible Banking: End climate-destructive financing now

2020-10-20 | BankTrack, Rainforest Action Network, and partners
blog
external news
our news

Principles for Responsible Banking no obstacle to finance climate destruction

Twenty PRB banks provided over US$1.25 trillion in fossil fuel financing since Paris Agreement
2020-09-22 | Nijmegen | BankTrack, Rainforest Action Network
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

Bradesco, Itaú, and Santander Launch Plan Promoting Sustainable Development in Amazon

2020-07-23 | The Rio Times
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

Pobladores/as se toman terrenos de Forestal Arauco en Laraquete

2020-03-12 | Resumen.cl
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

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

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 | 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

Type:
Year:
ngo documents

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 00:00:00 | BankTrack
csr policies

Sustainability and Environmental Responsibility Policy

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Commitment to Human Rights 2020

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Tax Conduct Policy

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Corporate Policy for Preventing and Combating Illicit Acts

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Commitment of Positive Impact

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Social and Environmental Risks and Opportunities

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Commitment on Climate Change

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Guidelines for Stakeholder Engagement

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Corporate Governance Policy

2021-06-23 00:00:00 | Itau-Unibanco
ngo documents

Forests & Finance 2021 Briefing - Is Your Money Destroying Rainforests or Violating Rights?

2021-06-23 00:00:00 | Forests and Finance
annual reports

Annual report 2020

2021-05-25 00:00:00 | Itau-Unibanco
annual reports

ESG Report 2020

2021-04-30 00:00:00
our publications

A Call to Action on the Principles for Responsible Banking: End Climate-Destructive Financing Now

Joint civil society statement
2020-10-20 00:00:00 | BankTrack, Rainforest Action Network, and others
annual reports

Annual integrated report 2019

2020-07-21 00:00:00 | Itau-Unibanco
csr policies

Climate change statement

Date listed represents date as accessed on website
2020-07-21 00:00:00 | Itau-Unibanco
csr policies

Anti-corruption corporate policy

2020-07-15 00:00:00 | Itau-Unibanco
csr policies

Commitment to human rights - 1

2019-12-17 00:00:00 | Itau-Unibanco
annual reports

Integrated annual report 2018

2019-06-30 00:00:00 | Itau-Unibanco
ngo documents

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
2019-05-21 00:00:00 | Europe Beyond Coal
csr policies

Commitment to human rights - 2

2019-05-01 00:00:00 | Itau-Unibanco
csr policies

Modern Slavery Statement

2019-04-12 00:00:00 | Itau BBA
csr policies

Policy for sustainability and social environmental responsibility

2018-05-21 00:00:00 | Itau-Unibanco
annual reports

Annual report 2017

2018-03-31 00:00:00 | Itau-Unibanco
csr policies

Environmental and social risk policy

2018-02-28 00:00:00 | Itau-Unibanco
csr policies

Sustainability Management

2017-12-31 00:00:00 | Itau-Unibanco
bank documents

Impacts of climate change

2017-12-31 00:00:00 | Itau-Unibanco Asset Management
csr policies

Integrity and ethics corporate policy

2017-08-31 00:00:00 | Itau-Unibanco
csr policies

Modern Slavery Statement

2017-06-27 00:00:00 | Itau-Unibanco
csr policies

Anti-corruption corporate policy

2017-06-21 00:00:00 | Itau-Unibanco
annual reports

Integrated annual report 2016

2017-03-31 00:00:00 | Itau-Unibanco Holdings S.A.
csr policies

Code of ethics

2016-08-31 00:00:00 | Itau-Unibanco
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
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.
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.
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 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
bank documents

Corporate Policy for the Prevention and Fight Against Illegal Activities

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

Links

Itaú-Unibanco Sustainability pages

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

Guia dos Bancos

Review of Itaú-Unibanco by Fair Finance Guide Brazil

https://guiadosbancosresponsaveis.org.br/bancos/bancos/ita%C3%BA/

EPN assessment of policies against 14 minimum criteria - Itaú-Unibanco

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/itau/

Policies

Voluntary standards

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

Investment policies

Itaú-Unibanco's webpage on corporate social responsibility can be accessed here.

Year:
csr policies

Sustainability and Environmental Responsibility Policy

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Commitment to Human Rights 2020

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Tax Conduct Policy

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Corporate Policy for Preventing and Combating Illicit Acts

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Commitment of Positive Impact

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Social and Environmental Risks and Opportunities

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Commitment on Climate Change

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Guidelines for Stakeholder Engagement

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Corporate Governance Policy

2021-06-23 00:00:00 | Itau-Unibanco
csr policies

Climate change statement

Date listed represents date as accessed on website
2020-07-21 00:00:00 | Itau-Unibanco
csr policies

Anti-corruption corporate policy

2020-07-15 00:00:00 | Itau-Unibanco
csr policies

Commitment to human rights - 1

2019-12-17 00:00:00 | Itau-Unibanco
csr policies

Commitment to human rights - 2

2019-05-01 00:00:00 | Itau-Unibanco
csr policies

Modern Slavery Statement

2019-04-12 00:00:00 | Itau BBA
csr policies

Policy for sustainability and social environmental responsibility

2018-05-21 00:00:00 | Itau-Unibanco
csr policies

Environmental and social risk policy

2018-02-28 00:00:00 | Itau-Unibanco
csr policies

Sustainability Management

2017-12-31 00:00:00 | Itau-Unibanco
csr policies

Integrity and ethics corporate policy

2017-08-31 00:00:00 | Itau-Unibanco
csr policies

Modern Slavery Statement

2017-06-27 00:00:00 | Itau-Unibanco
csr policies

Anti-corruption corporate policy

2017-06-21 00:00:00 | Itau-Unibanco
csr policies

Code of ethics

2016-08-31 00:00:00 | Itau-Unibanco

Equator Principles

Implementation and reporting

Itaú-Unibanco is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

active

Ferrogrão EF-170 Railway Brazil

Commodities Trading | Train and Railroad Manufacturing
on record

Rio Madeira dams: Jirau and Santo Antonio Brazil

Hydroelectric Power Generation

Good moves

Year: