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Created before Nov 2016
Last update: 2017-11-16 13:03:15
Karen Vermeer, Forest and Equator Principles Campaigner, BankTrack
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Banco Bradesco was established in 1943 and is one of Brazil's largest private-sector bank. The bank offers a range of financial products and services to customers in Brazil and abroad. It has an extensive private-sector branch and service network in Brazil. Their products and services encompass banking operations such as loans and advances and deposit-taking, credit card issuance, purchasing consortiums, insurance, leasing, payment collection and processing, pension plans, asset management and brokerage services. In September 2017 Banco Bradesco controlled assets worth USD 396 billion.
Cidade de Deus, Prédio Novo, Vila Yara
06029-900 Osasco São Paulo
Mr. Luiz Carlos Trabuco Cappi |
Integrated annual report 2015|
Integrated annual report 2016
listed on BM&F Bovespa, Bolsa de Madrid & NYSE Euronext
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Voluntary initiativesBanco Bradesco has committed itself to the following voluntary standards:
Bradesco's policies can be found here.
Banco Bradesco 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. Banco Bradesco adopted the Equator Principles in 2004.
Reporting on the Equator Principles
Banco Bradesco must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Banco Bradesco is not in compliance with its reporting obligations. The link provided does not link to the required information
Banco Bradesco is involved in financing the following Equator Principles projects that BankTrack considers controversial.
True leader Front runner Follower Laggard
BankTrack has assessed Banco Bradesco on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Banco Bradesco is assessed as a Laggard, with a total score of 1/12.
Implementation and reporting
Banco Bradesco is reporting on the implementation here.