By Brazil Stock Guide – Bradesco (B3: BBDC3, BBDC4; NYSE: BBD) structured two green-labelled credit operations to support companies investing in clean mobility and sustainable construction. The financings, totaling R$305 million (US$54 million), reinforce the bank’s strategy to mobilize capital toward projects with long-term social and environmental impact.
In the construction sector, Bradesco granted a R$220 million green loan under its Plano Empresário line to Azo Inc, marking the developer’s first green issuance. The resources will finance projects certified under the EDGE standard, which measures gains in energy and water efficiency and reductions in carbon intensity of building materials. The company, known for the retrofit of Rio de Janeiro’s historic Edifício A Noite, aims to expand its sustainable-building footprint and increase the value of its residential and commercial portfolio.
In logistics, Bradesco arranged an R$85 million facility for Reiter Log through an Export Credit Note (CCE) to finance electric and biomethane-powered trucks. The deal is part of the company’s Green Logistics Program, which targets a 100% alternative-fuel fleet by 2035, and aligns with its goal to cut the carbon footprint across its supply chains in Brazil and neighboring countries.
“Each sector has its own challenges and opportunities. That’s why we design financial solutions tailored to our clients’ realities. By supporting initiatives like these, we reaffirm our commitment to sustainable business,” said Fabiana Costa, Bradesco’s Head of Sustainability.
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