World Economic Journal Issue 43 September 2024 | Page 29

BANCO ITAÚ UNIBANCO
INFOSYS LTD .
COMMERCIAL INTERNATIONAL BANK
BANK OF CHINA LTD .
WORLD ECONOMIC JOURNAL

3Banco Itaú Unibanco is one of the largest financial institutions

in Latin America and a key player in the global banking industry . Headquartered in São Paulo , Brazil , the bank was formed in 2008 through the merger of Banco Itaú and Unibanco . Itaú Unibanco offers a wide range of services including retail , commercial and investment banking , as well as insurance , asset management and credit cards . The bank operates in over 18 countries and serves millions of customers across its digital and physical platforms .
The bank is known for its focus on digital transformation , with significant investments in fintech , AI , and blockchain technology to enhance customer experiences and operational efficiency .
Itaú Unibanco has a strong commitment to ESG principles . Environmentally , the bank aims to reduce its carbon footprint , finance green projects and support sustainable development in Brazil and beyond . Socially , Itaú Unibanco invests in education , entrepreneurship and social inclusion initiatives , particularly focusing on underserved communities . In terms of governance , the bank prioritises transparency , ethical behaviour and strong corporate governance practices , ensuring that its operations align with global best practices and contribute positively to society and the environment .

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BANCO ITAÚ UNIBANCO

INFOSYS LTD .

Infosys Ltd . is a prominent global IT services and consulting firm based in Bangalore , India . Established in 1981 , the company offers a broad array of services , including software development , business consulting , technology solutions and outsourcing . It caters to a variety of industries , such as finance , manufacturing , telecommunications , retail and healthcare . Infosys is particularly recognized for its capabilities in digital transformation , cloud solutions , AI and data analytics , enabling businesses to modernise and innovate . Infosys operates in more than 50 countries and employs over 300,000 people globally .
The company has committed to ambitious sustainability objectives , including achieving carbon neutrality and cutting energy consumption through renewable energy adoption . Its social initiatives focus on education , healthcare and skill development , particularly for disadvantaged communities . In governance , Infosys shows dedication to transparency , ethical conduct and robust corporate governance by international standards .

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Commercial International Bank ( CIB ), Egypt ’ s largest private-sector bank , has been a leader in corporate and retail banking since its founding in 1975 . Offering a full spectrum of financial services — including personal banking , corporate lending , trade finance and investment banking — CIB leverages technology to improve digital banking and enhance customer experiences .
Operating both domestically and internationally , and serving millions of clients , the bank continues to invest in fintech and digital solutions to remain competitive .
CIB shows commitment to ESG principles , focusing on environmental sustainability by cutting carbon emissions and funding renewable energy projects . Socially , it supports initiatives in education , financial inclusion and community development , particularly targeting youth and entrepreneurship . The bank upholds strong governance practices , emphasising transparency , ethics , and compliance with both local and global standards .

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COMMERCIAL INTERNATIONAL BANK

BANK OF CHINA LTD .

Bank of China Limited ( BOC ), one of China ' s largest and oldest financial institutions , was founded in 1912 . As a leading stateowned bank , BOC provides a broad range of financial services , including corporate and personal banking , investment banking , insurance and asset management . The bank has a significant global presence , operating in over 50 countries and regions , and serves a vast customer base both domestically and internationally .
The company continues to drive innovation through investments in digital banking and fintech solutions to remain competitive in the fast-evolving financial landscape .
Bank of China ’ s sustainable development strategy stands out for its strong focus on sustainable finance . The bank is involved in financing green projects and reducing its environmental impact . Socially , BOC supports initiative in the fields of financial inclusion , education and poverty alleviation . In terms of governance , the bank adheres to strict standards of transparency , ethics and strong corporate governance , ensuring compliance with both domestic and international regulations .
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