RIO DE JANEIRO, BRAZIL - Amid the global demand for Brazil to increase its commitment to climate change issues, the country's three largest private banks, Bradesco (BBDC3; BBDC4), Itaú Unibanco (ITUB4) and Santander Brasil (SANB11), have launched a joint plan to foster sustainable development in the Amazon.
The proposal includes ten measures, such as encouraging sustainable production chains in the region and enabling investments in basic infrastructure for social and environmental development. The schedule provides for the implementation of the items later this year.
The three banks were among the signatories of a letter addressed to Vice-President Hamilton Mour . . .