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 there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any specific reduction targets or climate pledges. As a result, BDR's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organization. Without concrete emissions data or defined targets, it is challenging to assess the bank's environmental impact or commitment to sustainability. In the context of the banking industry, many institutions are increasingly focusing on carbon neutrality and setting science-based targets to reduce their emissions. However, BDR has yet to publicly align with such initiatives or disclose any related commitments.
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.