Banco De Desarrollo Rural, S.A.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Banco De Desarrollo Rural, S.A.'s reported carbon emissions
In 2021, Banco De Desarrollo Rural, S.A. reported total carbon emissions of approximately 403,650 kg CO2e. This figure includes 35,200 kg CO2e from Scope 1 emissions, 138,000 kg CO2e from Scope 2 emissions, and 230,450 kg CO2e from Scope 3 emissions. The previous year, 2020, saw total emissions of about 171,780 kg CO2e, with Scope 1 at 22,640 kg CO2e, Scope 2 at 103,350 kg CO2e, and Scope 3 at 45,790 kg CO2e. In 2019, emissions were approximately 439,940 kg CO2e, comprising 660 kg CO2e from Scope 1, 83,250 kg CO2e from Scope 2, and 356,030 kg CO2e from Scope 3. Despite these figures, Banco De Desarrollo Rural, S.A. has not set specific reduction targets or initiatives as part of their climate commitments. The organisation does not inherit emissions data from any parent company, indicating that all reported figures are derived solely from their own operations. As such, the bank's climate strategy appears to be in the early stages, with no formal commitments to emissions reduction or participation in initiatives like the Science Based Targets initiative (SBTi).
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 660 | 00,000 | 00,000 |
| Scope 2 | 83,250 | 000,000 | 000,000 |
| Scope 3 | 356,030 | 00,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banco De Desarrollo Rural, S.A. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
