Bradesco Creates ESG Unit to Help Clients Meet Growing Demand
Banco Bradesco SA, Brazil’s second-biggest bank by market value, created a unit in its investment-banking operation focused on advising clients on environmental, social and governance standards.
“We want to help companies achieve ESG standards so they can reach a broader base of investors in a bond sale,” said Felipe Thut, who runs Bradesco BBI, the firm’s investment-banking arm. “We see demand for those products growing each day, and firms need to adapt.”