Itau Unibanco Holding S.A 6-K, filed Nov 14, 2022
Itau Unibanco Holding S.A. (ITUB)
About this 6-K
Itau Unibanco Holding S.A filed this 6-K on November 14, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of November, 2022
Commission File Number: 001-15276
Itaú Unibanco Holding S.A.
(Exact name of registrant as specified in its charter)
Itaú Unibanco Holding S.A.
(Translation of Registrant’s Name into English)
Praça Alfredo Egydio de Souza Aranha, 100-Torre Conceicao
CEP 04344-902 São Paulo, SP, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82–
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: November 14, 2022.
| Itaú Unibanco Holding S.A. | ||
| By: | /s/ Renato Lulia Jacob | |
| Name: | Renato Lulia Jacob | |
| Title: | Group Head of Investor Relations and Market Intelligence | |
| By: | /s/ Alexsandro Broedel | |
| Name: | Alexsandro Broedel | |
| Title: | Chief Financial Officer | |
ITAÚ UNIBANCO HOLDING S.A.
| CNPJ 60.872.504/0001-23 | A Publicly-Held Company | NIRE 35300010230 |
ANNOUNCEMENT TO THE MARKET
ITAÚ UNIBANCO HOLDING S.A. (“Company” or “Itaú Unibanco”) informs the market that together with Marfrig, Rabobank, Santander, Suzano and Vale announces the creation of a new company focused entirely on the restoration, conservation and preservation of forests in Brazil (“Initiative” or “Biomas” or “Alliance”).
Biomas’ mission is to restore and protect, over the next 20 years, four million hectares of native forest in some of Brazil´s most valuable ecosystems, including the Amazon, Atlantic Forest and Cerrado biomes. The Initiative consists of restoring two million hectares of degraded land by planting approximately two billion native trees, as well as the conservation and preservation of two million hectares.
Each partner will initially commit R$ 20 million to support the early years of Biomas activities. The Initiative will also promote a financially sustainable business model, enabling each project based on the commercialization of carbon credits.
The Alliance launched at COP27 will prevent - considering removals and avoided emissions -, approximately 900 million tons of carbon from being released into the atmosphere, in the next 20 years. In addition, it is estimated that the Inititiative will contribute to the protection of more than 4,000 species of animals and plants.
The investment in Biomas reinforces Itaú Unibanco’s commitment to the ESG agenda. The Company has as a goal to reduce its carbon emissions, including from its portfolios, to zero by 2050, and has also been working on many fronts with the Amazon Plan. This new Initiative strengthens the Company’s journey to create solutions that will enable the achievement of the objectives assumed in the Paris Agreement related to climate change.
The establishment of this Initiative is subject to the approval of the appropriate regulatory bodies.
São Paulo (SP), November 14, 2022.
RENATO LULIA JACOB
Group Head of Investor Relations and Market Intelligence