Climate Finance Hub Brasil has just released the results of its first assessment cycle on the climate transition maturity of companies operating in the country.
Conducted between 2024 and 2025, the analysis assessed companies operating in Brazil that together account for more than 80% of the production within seven economic sectors. The sectoral studies were based on the internationally recognized ACT (Accelerate Climate Transition) methodology and relied on publicly available company data, including sustainability reports and greenhouse gas emissions inventories.
The results highlight important progress:
- The Brazilian sectors assessed perform above the international average, demonstrating a higher level of maturity in corporate commitments and actions toward climate transition.
- The findings reinforce the comparative advantages of Brazilian sectors, particularly due to the country’s predominantly renewable electricity matrix and the use of lower-emission inputs (e.g., biomass).
At the same time, opportunities for improvement remain, including:
- Target setting: only 18% of companies have targets covering Scope 3 emissions.
- Emissions reporting: 13% still do not report at least one Scope 3 emissions category.
- Around 60% of the assessed companies publicly disclose climate targets, but only 20% have active climate targets or formal commitments with the Science Based Targets initiative (SBTi).
- Approximately 50% of companies integrate climate-related metrics into executive compensation.
- Improvements are needed in public disclosure practices, such as sustainability reports and GHG emissions inventories, to enable robust assessments. Among the companies mapped, 52% did not publish a sustainability report and/or a GHG emissions inventory.
“The assessments conducted by CFH Brasil, based on robust and internationally recognized sectoral methodologies, go beyond emissions analysis by incorporating dimensions such as investments in low-carbon technologies and strategic alignment. The results highlight the comparative advantages of Brazilian sectors, positioning companies operating in the country competitively within the global climate transition agenda. Among the key areas for improvement is the need for greater data transparency, which is expected to advance with the adoption of IFRS S2, given its strong alignment with the methodologies used by CFH Brasil.”
Sofia Carra, Climate Transition Director at CFH Brasil
The assessment reinforces a central message: the transition is underway, but it still requires greater ambition, transparency, and standardization.
The findings can support strategic decision-making by companies, financial institutions, governments, and civil society organizations, particularly in mobilizing capital to advance climate transition efforts.
To explore the full results and sector-specific insights, access the complete factsheet.