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Banco VotorantimBrazil
Active
This profile is actively maintained
Last update: 2024-08-27 15:55:26
Banco Votorantim logo. Photo: Banco Votorantim
Active
This profile is actively maintained
Last update: 2024-08-27 15:55:26
About
| Website | https://www.bancovotorantim.com.br |
| Headquarters |
Av. das Nações Unidas, Torre A - 18° andar - Vila Gertrudes 141
1000 Sao Paolo
Brazil
|
| CEO/chair |
Gabriel Ferreira CEO |
| Supervisor | |
| Ownership |
Banco Votorantim has two shareholders: Grupo Votorantim, one of the largest industrial conglomerates in Latin America and Banco do Brasil, Brazil's largest financial institution. The bank's ownership structure can be accessed here. |
Banco Votorantim was founded in 1988 as a securities dealer, and started operating as a bank in 1991. Banco Votorantim has a business portfolio in wholesale banking, wealth management services and consumer finance. In 2009, Banco do Brasil obtained a 49.99% voting stake and a 50% overall share in Banco Votorantim. Since then, the bank is controlled by both Grupo Votorantim (the holding company) and Banco do Brasil. Banco Votorantim signed the Equator Principles in 2016.
Sustainability
Commitments
Policies
Voluntary standards
Grupo Votorantim's (Banco Votorantim's parent company) most important sustainability commitments can be found at the website sections listed below.
Links
Banco Votorantim has committed itself to the following voluntary standards:
Dodgy Deals
Banco Votorantim is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Banco Votorantim's link to these deals.
Projects / Companies
Finance type
Year
Resources
Documents
Accountability
Grievances
Grupo Votorantim operates an Ethics Line which can be accessed here.
Banco Votorantim is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates Banco Votorantim's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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