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| Overall Assessment |
Analysis |
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None
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Banco Bradesco S.A. discloses extensive sustainability governance frameworks—highlighting that “sustainability is implemented and monitored transversally through a robust structure of governance that guarantees the conduction and management of ESG aspects” and outlining its “Social, Environmental and Climate Responsibility Standard (PRSAC)”—but provides no disclosures related to lobbying governance. Its “Political Contributions Policy” states that “we prohibit making any kind of corporate contribution to candidates or political parties,” yet we found no evidence of any policies, processes, sign-off procedures, monitoring or reviews that govern either direct or indirect lobbying activities or ensure alignment of lobbying with climate objectives. The company does not disclose who, if anyone, oversees lobbying or how lobbying positions are assessed against its climate commitments.
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E
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| Overall Assessment |
Analysis |
Score |
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Limited
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Banco Bradesco provides only a limited picture of its climate-policy lobbying. Its reports say the bank takes part in industry forums and initiatives – for example UNEP FI and GFANZ working groups, national bodies such as CEBDS and Febraban, and events like COP and Climate Week – which indicates that it uses indirect mechanisms such as joint working groups and multi-stakeholder dialogues. However, it does not spell out concrete actions such as letters, consultations or meetings with identifiable government institutions, nor does it name the specific public authorities it seeks to influence. On substance, the disclosures stop at broad thematic areas: the bank refers to analysing “proposals presented by public authorities” and notes participation in climate-related initiatives, but it does not identify any particular law, regulation or bill it has tried to shape. Likewise, the objectives it pursues remain high-level aspirations, such as net-zero by 2050, support for a Brazilian sustainable taxonomy or an internal carbon market, without articulating the precise policy changes it is advocating. The only direct wording from the company – “We participated in engagement meetings on climate change with companies from sectors such as energy, food, mining and oil & gas” – still gives no insight into the governmental outcomes sought. Overall, the bank’s transparency on its climate lobbying activities is cursory and lacks detail on policies, mechanisms and desired results.
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D
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