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Banco SafraBrazil

Active

This profile is actively maintained
Last update: 2024-02-05 00:00:00
Banco Safra's head office in Sao Paolo. Photo: Joehawkins via Wikimedia Commons (CC BY-SA 4.0)

Active

This profile is actively maintained
Last update: 2024-02-05 00:00:00
Bank info
BankTrack campaigns
All
About
Website https://www.safra.com.br
Headquarters
Avenida Paulista, n° 2.100
São Paulo
Brazil
CEO/chair José Olympio Pereira
CEO
Supervisor
Banco Central do Brasil
Ownership

Banco Safra is part of the Safra Group, which is controlled by the Safra family.

Banco Safra is a Brazilian bank that was founded in 1955. The bank is part of the financial holding company Safra Group. Banco Safra provides services in investment banking, private banking, asset management, and retail banking.

Sustainability
Commitments
Policies
Voluntary standards

Banco Safra's most important sustainability commitments can be found at the website sections listed below.

Links

ESG

Policies

Social, Environmental, and Climate Risk Management Policy

Bank policy
2023-06-01 00:00:00 | Banco Safra

Corporate policy on human rights

Bank policy
2022-12-31 00:00:00 | Banco Safra
Banco Safra has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Dodgy Deals

Banco Safra 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 Safra's link to these deals.

Projects / Companies
Finance type
Year
News
Resources
Documents
Accountability
Grievances

Banco Safra does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

This page evaluates Banco Safra'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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Banks and Human Rights

Banks and Human Rights

BankTrack assessed Banco Safra in its 2024 Human Rights Benchmark Latin America, part of the series of  BankTrack's Regional Benchmarks, where it achieved 2 points out of 14 and was ranked as a laggard.

The BankTrack Human Rights Benchmark Latin America

Human Rights Benchmark Latin America 2024

BankLast update
Country
Score
Ranking
Details
Banco Safra
BRA
2
Laggard 2
Explanation
Laggard
Follower
Moderate achiever
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.