Banco De Desarrollo Rural, S.A. (Banrural) is a prominent financial institution headquartered in Guatemala (GT), specialising in rural development and agricultural financing. Established in 1998, Banrural has made significant strides in supporting the agricultural sector, particularly in rural areas, by providing tailored financial solutions that cater to the unique needs of farmers and small businesses. The bank's core offerings include microloans, agricultural credit, and savings products, all designed to empower local communities and stimulate economic growth. Banrural's commitment to social responsibility and sustainable development sets it apart in the banking industry. With a strong market presence, the bank has achieved notable milestones, including expanding its reach across various regions in Guatemala, thereby enhancing financial inclusion for underserved populations.
How does Banco De Desarrollo Rural, S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Banco De Desarrollo Rural, S.A.'s score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco De Desarrollo Rural, S.A. (BDR) currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Consequently, there are no documented Scope 1, 2, or 3 emissions to analyse. Additionally, BDR has not established any reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. In the context of climate commitments, BDR's lack of emissions data and reduction initiatives suggests an opportunity for the organisation to enhance its environmental strategy. As the financial sector increasingly prioritises sustainability, BDR may benefit from developing clear climate goals and reporting frameworks to align with industry standards and expectations.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco De Desarrollo Rural, S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
