SuStainability report - SocialFunds.com

Sustainability Report 2008Report of independent auditors of limited assurance onBanco Bradesco S.A.’s 2008 Sustainability ReportTo Banco Bradesco S.A.’sManagementIntroductionWe have been hired with the goal of assuringBanco Bradesco S.A.’s 2008 SustainabilityReport, prepared under the responsibilityof the company’s management.This responsibility includes the design,implementation and maintenance ofinternal controls for the appropriatepreparation and presentation of the 2008Sustainability Report. Our responsibility isto issue a report of limited assurance for theinformation disclosed in Banco BradescoS.A.’s Sustainability Report for 2008.Applied ProceduresThe limited assurance report was preparedin accordance with the NPO 1 AssuranceStandards and Procedures issued byIBRACON (the Brazilian Institute ofIndependent Auditors) and thus consistedof: (i) planning the report, taking intoaccount the relevance and the volume ofinformation presented in Bradesco S.A.’sSustainability Report; (ii) understandinginternal controls; (iii) verification of theevidence supporting the quantitativeand qualitative data of the SustainabilityReport based on tests; (iv) interviewswith the managers in charge of preparingthe information; and (v) comparing thefinancial information with the accountingrecords. Thus, the procedures describedabove were deemed sufficient to allowa limited assurance level but, however,do not encompass the requirements forthe issuance of a more comprehensiveassurance report, as established by the NPO1 Assurance Standards and Procedures.Scope and LimitationsThe chief objective of our report wasidentifying and assessing whether thedata included in the Bank’s SustainabilityReport – in terms of obtaining qualitativeinformation, measuring, and calculatingquantitative information – complieswith the following criteria: (i) BrazilianAccounting Standard NBC T 15 – Social andEnvironmental Information; and (ii) theGlobal Reporting Initiative’s sustainabilityreporting guidelines (GRI-G3). Theopinions, background information,descriptive information and informationsubject to subjective assessment are notincluded in the scope of the report.ConclusionBased on our review, we are not aware ofany relevant change which should be madeto the information contained in BancoBradesco S.A.’s Sustainability Report relatingto the period ended on December 31, 2008,such that this information is properlypresented, in all relevant aspects, withregard to the criteria used.São Paulo, February 6, 2009.PricewaterhouseCoopersAuditores IndependentesCRC 2SP000160/O-5Washington Luiz Pereira CavalcantiAccountant CRC 1SP172940/O-6