Itaú Unibanco
Headquarters: Brazil
Top 5 Forest-Risk Clients
Credit & underwriting (2016-2024)
-
Brazil Agriculture Finance Program
9803.73 (USD Million) -
Suzano
2445.01 (USD Million) -
Minerva
718.8 (USD Million) -
Klabin
433.91 (USD Million) -
Royal Golden Eagle Group
290.15 (USD Million)
Top 5 Investments
Share & bond holdings (latest, 2024)
-
Suzano
512.32 (USD Million) -
Klabin
128.22 (USD Million) -
Minerva
6.7 (USD Million) -
Angelini Group (Chile)
6.24 (USD Million) -
CMPC
5.29 (USD Million)
Note: The red dot indicates Forests & Finance has published articles and reports about the company's social-environmental impacts and/or that a company has received an RSPO complaint since 2015, been covered in Chain Reaction Research for increased ESG risks, or received negative media reports as listed on SPOTT.
Mining Policy Assessment
Weighted Total Score
0
0.9
10
0.9
Environment Total Score
0
0.5
10
0.5
Social Total Score
0
0.3
10
0.3
Governance Total Score
0
1.8
10
1.8
Scores by Sector
| Category | Beef | Soy | Palm Oil | Pulp & Paper | Timber | Rubber | Weighted Total The total scores are calculated based on the weighted average of the sector scores, according to the exposure of the financial institution to each sector. |
|---|---|---|---|---|---|---|---|
| X.X | X.X | X.X | X.X | X.X | X.X | X.X | |
| Environment | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
| Social | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 |
| Governance | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 |
| Total | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 |
Mining Assessment Details
| Criteria | Category | Beef | Soy | Palm Oil | Pulp & Paper | Timber | Rubber | Weighted Total The total scores are calculated based on the weighted average of the sector scores, according to the exposure of the financial institution to each sector. |
|---|---|---|---|---|---|---|---|---|
| X.X | X.X | X.X | X.X | X.X | X.X | X.X | ||
| 1. Companies and their suppliers must commit to zero-deforestation and no-conversion of natural forests and ecosystems. | Environment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2. Companies and their suppliers must not drain or degrade wetlands and peatlands. | Environment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 3. Companies and their suppliers must not convert or degrade High Carbon Stock (HCS) tropical forest areas. | Environment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 4. Companies and their suppliers must not operate in, or have negative impacts on, protected areas. | Environment | 3 | 3 | 3 | 2.6 | 3 | 3 | 2.9 |
| 5. Companies and their suppliers must identify and protect High Conservation Value (HCV) areas under their management. | Environment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
