Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 90

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 90
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 practices, focusing on resource optimization and reduction of the socio-environmental impacts. Among the main initiatives, we highlight:

·   Continuous work to identify new initiatives and projects that contribute to our goals of reducing water
                         consumption throughout our branches, offices and headquarters;                    
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·    Since 2012 we have been working to reduce energy consumption through a monthly follow up. We have also 
    set annual targets and a ranking of the most efficient branch to encourage actions for internal savings;
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·                    Since the end of 2020, 100% of our operations have been supplied by renewable energy sources. With this                 
    initiative, we became one of the first major financial institutions in the world to complete the transition to clean energy. In addition,
    since 2019, we neutralized 100% of greenhouse gas emissions (carbon equivalents) generated by our own operation, becoming the first major
                                             Brazilian bank to reach this level of carbon offsetting;                                        
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·                   In 2024, in pursuit of our commitment to ensure that 100% of our energy is supplied by renewable energy                
          sources, we included 358 branches, administrative buildings and schools of the Fundação Bradesco in the Free Energy Market.      
     We also have more than 325 branches consuming energy from eight photovoltaic power plants through the distributed generation project. 
    Since 2018, we have been implementing the Energy Efficiency Master Plan, through which we specify actions to increase energy efficiency
                                                               in our buildings;                                                           
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·                       We evaluate regulatory, commercial, economic-financial and socio-environmental compliance when approving                    
    companies that provide service to us. The socio-environmental issues analyzed include compliance of labor practices with public certifications, 
      such as the prohibition of slave or child labor, environmental risks, and negative media. Suppliers belonging to sectors considered critical  
       from a socio-environmental point of view are submitted to additional documental analysis and allocated a socio-environmental risk rating.    
                                   Additionally, suppliers with active contracts considered critical are submitted to                               
    socio-environmental auditing with the objective of identifying, managing and mitigating the risks found, as well as promoting their development;
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43 – Form 20-F 2024 | Bradesco
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·                     In addition, we monitor our operational indicators through the Operational Eco-Efficiency Master Plan                   
    (2022–2030 cycle), which covers the consumption of water, energy,