Sustainability

Professional ethics, responsibility and social and environmental commitment conduct the activities of Banco Fibra.

Sustainability

Professional ethics, responsibility and social and environmental
commitment conduct the activities of Banco Fibra.

Sustainability

Professional ethics, responsibility and social and environmental commitment conduct the activities of Banco Fibra.

With the purpose of contributing to the improvement of society, we periodically update our practices and methods, aiming to promote sustainable actions aligned with the development of our business.

Sustainability is our responsibility

We promote sustainability through 4 pillars:

Integrate
social responsibility
into the organizational
culture of Banco Fibra’s activities

Seek actions that
allow a productive and
collaborative working
environment

Encourage awareness
about the importance
of each person’s role
in society

Add values to the
interest groups
engaged with
Banco Fibra

Sustainability Report

For the fourth year running, we are publishing our Sustainability Report to stakeholders and society in general. Supported by our commitment to transparency, the Report aims to disclose the main highlights of our ESG (Environmental, Social and Governance) activities in 2022, guided by the responsible and secure growth of our client portfolio, as well as our CDEE (Clients, Data, Efficiency and Scalability) business strategy.

We have carried out a number of actions in line with our ESG Institutional Plan, which reaffirm our commitment to contributing to a more sustainable future, promoting conscious economic growth and the well-being of the communities in which we operate. These actions include:

  • Consolidation of our commercial strategy: Our commitment to strengthening our relationship with our clients has resulted in remarkable growth. Over the course of 2022, we recorded a 117% increase in our credit portfolio in the Middle Market segment, reaching a significant balance of R$1 billion. In addition, our client base in the Small and Medium-sized Enterprise (SME) segment, which is strategic for the growth of our economy, increased by 248%

  • Advances in caring for Our People: We joined the group of 140 Brazilian companies with the best Human Resources practices, included in the "Incredible Places to Work Award" by the Fundação Instituto de Administração (FIA). We reached our hiring target, with 50% of new positions filled by talented women. In addition, we took on new fronts related to diversity, in line with our commitment to increasing equality and respect for all people. Thus, we became master supporters of the LGBTI+ Business and Rights Forum and joined the ESG Racial Equity Pact.

  • New Social, Environmental and Climate Policy (PRSAC): In order to guide our activities in the social, environmental and climate spheres, in line with best market practices and new regulations, we have updated our PRSAC. This policy establishes comprehensive guidelines to ensure that our practices and the results of our operations are aligned with the principles of sustainability and integrated risk management.

  • Transparency of our emissions inventory: We received the GHG Protocol Gold Seal, the program's highest level of certification, resulting from the recognition of the publication of our first complete and audited Greenhouse Gas (GHG) emissions inventory, through the Public Registry of Emissions of the Brazilian GHG Protocol Program in 2022.

Access the Sustainability Report and learn more about our challenges, commitments, strategies, indicators, initiatives and results for 2022.

PRSA (SERP)

Environmental and Social Policy Framework

In accordance with current regulations, Banco Fibra values ethic with our clients, employees, stockholders and the community, especially regarding socio-environmental practices in businesses.

To this end, through a set of principles and guidelines of a social, environmental and climate nature, combined with integrated risk management, we have adopted a rigorous and effective strategic agenda to promote the sustainable and sustainable development of our business, as well as our relationship with customers and users, employees, suppliers and outsourced service providers, investors and other people impacted by the products, services, activities and processes we carry out.

ACCESS OUR POLICY

GRSAC

Social, Environmental and Climate Risks and Opportunities Report (GRSAC)

Aligned with the Sustainability Report, as well as the PRSAC and the institutional positioning within the ESG framework, the Social, Environmental and Climate Risks and Opportunities Report (GRSAC) presents the principles, strategies and guidelines of a social, environmental and climate nature to be observed in the conduct of our business, activities and processes

Click here to access our Social, Environmental and Climate Risks and Opportunities Report (GRSAC).

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Our Commitments

UN’s Global Pact

Voluntary initiative that provides goals to promote sustainable growth and citizenship through engaged and innovative corporate leadership.

The Brazilian Network of the Global Pact engages the Brazilian entrepreneurial sector to ensure their activities are aligned with sustainable practices so they can contribute to balance the main challenges, such as climate change, extreme social inequality and corruption.

Women Empowerment Principles (WEPs)

The Women Empowerment Principles (WEPs) are initiatives between UN Women and UN’s Global Pact that implement integrated directives for the promotion of gender equality and women’s empowerment in working and market environments and the community, at the same time that it seeks to promote positive results to businesses.

We at Banco Fibra are committed to implementing actions that seek the fulfillment of the seven principles founded on international work and human rights standards that directs efforts for the establishment of corporate leadership, fair treatment without discrimination for men and women, assurances for the health, safety and well-being of all workers, the promotion of professional development and training of women at the workplace, implementation of practices that empower women on business development, supply chain and marketing, support to initiatives and defense of the community and the evaluation and disclosure of our progresses.

As a signatory of the Women’s Empowerment Principles, Banco Fibra reaffirms its commitment to constantly seek egalitarian treatment of men and women.

Women on Board

Independent initiative which seeks to recognize, value and disclose the existence of corporate environments with the presence of women on boards of directors or consultative councils to demonstrate the benefits of such diversity to the entrepreneurial universe and society.

The initiative grants a certificate to companies with at least 2 (two) effective female members on their boards of directors.

Pact for the Promotion of Racial Equality

The Pact for the Promotion of Racial Equality is a voluntary initiative which aims to promote actions to reduce racial inequality in the corporate environment, guided through the implementation of the Racial ESG Protocol, which encourages the adoption of affirmative actions and social investments in racial equality. The results generated by the implementation of these actions are measured and monitored through an ESG Racial Equity Index.

This is a commitment in line with our institutional positioning on the ESG agenda, within the strategy of increasing diversity and inclusion at Banco Fibra, strengthening our organizational culture and contributing to an increasingly egalitarian society.

Fórum LGBTI+

We are signatories and master supporters of the Companies and LGBTI+ Rights Forum, whose purpose is to promote equal opportunities and fair treatment for all people in the labor market, considering their sexual orientation and gender identity.

We will follow the work agenda expressed by the Forum in the “10 commitments of a Company to the Promotion of LGBTI+ Rights” to guide our work on the subject, aligned with our ESG institutional positioning and our Diversity and Inclusion Program.

For us, diversity is a fundamental issue: it touches our customers, employees and society as a whole. Click here and access the Letter to the Companies and LGBTI+ Rights Forum Rights.

Conscious Culture Seal

The Conscious Culture commitment is an initiative created to share best global business practices related to fostering an organizational culture that balances business results with an environment of greater humanity.

This is a commitment aligned with our way of being, in which we provide an agile and humanized service in an environment of trust and transparency for our customers, while prioritizing the well-being of our employees, encouraging diversity and ethics and we recognize excellence fairly for our people and our business.

Entrepreneurial Pact for Integrity and Against Corruption

The Entrepreneurial Pact for Integrity and Against Corruption consists of several directives the institutions must adopt regarding the prevention and fight of corruption and bribery and promoting a more righteous, ethical and transparent market.

While becoming a signatory of the Pact, Banco Fibra has committed to several obligations, among them to:

• Monitor individuals and legal entities such as suppliers and service providers;

• Support and collaborate with the authorities in any suspect investigation regarding irregularities, unlawful conducts or violation of the ethical principles reflected on the Pact;

• Adopt and reinforce initiatives for the disclosure of regulations related to the fight against corruption.

Click here to know more about the principles and other commitments defined by the Entrepreneurial Pact.

ABRACAM Seal

We are certified by the Associação Brasileira de Câmbio - ABRACAM (Brazilian Exchange Association) with the ABRACAM Certificate of Conformity Series 1000. This recognition reflects Banco Fibra’s governance and compliance practices in exchange transactions and the alignment with the rules for the anti-money laundering and combating the financing of terrorism (AML/CFT) from the Brazilian Central Bank.

The certificate also assures our full compliance with Circular n. 3.978/2020 from the Brazilian Monetary Council and the commitment of the bank to standardize the best practices and procedures applied to the exchange transactions, as well as the governance, transparency and strictness of our processes and controls to ensure the integrity of such transactions. Click here and access our certificate.

Carbon Neutral

We recognize the climate changes derived from global warming and its significance to the country and the planet.

In order to contribute to the mitigation of its impacts, we have made a partnership with Carbonext. This company specializes in developing REDD+ projects (Reduction of Emissions originating in Deforestation and Forest Degradation), which encompass reducing emissions and neutralizing carbon to stop deforestation in the Amazon Forest.

Carbon neutralization compensates emissions of GEE (Greenhouse Effect Gases) produced by the activities of companies and people through the purchase of carbon credits. In the past years, we have neutralized Banco Fibra’s emissions through the compensation of carbon credits and contributed to the protection of areas threatened by deforestation in the Amazon.

We are proud to help fight climate changes and to contribute for a more sustainable future for the planet and future generations!

Access our certificates

Gold Seal GHG Protocol

In 2023, we won the Gold Seal for the second consecutive year with the publication of our inventory of direct and indirect emissions related to Banco Fibra's activities for 2022, through the Public Registry of Emissions of the Brazilian GHG Protocol Program.

This achievement certifies the high level of qualification of our inventories, which demonstrate compliance with all the transparency criteria considered in the publication, as well as representing yet another of the actions implemented by Banco Fibra to strengthen our commitment to developing our business in a sustainable way, and thus contribute to reducing impacts in the face of climate change. Click here to access our full inventories.

Banking Self-regulation

Commitment with sustainability

Commitment with integrity

The Self-regulation Certificates reaffirms and gives more transparency to the commitments of the Financial Institutions which are part of the Federation of Banks (FEBRABAN) Self-regulation.

Banco Fibra has adhered to the Socio-environmental axis (Commitment with Sustainability) and the Prevention of Illicit axis (Commitment with Integrity).

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