Banco Nacional de Desenvolvimento Econômico e Social Sustainability Profile
Banco Nacional de Desenvolvimento Econômico e Social (BNDES), headquartered in Brasília, Brazil, is a pivotal institution in the country's development finance sector. Established in 1952, BNDES has played a crucial role in funding projects that stimulate economic growth across various regions, particularly in infrastructure, energy, and social development. As a leading development bank, BNDES offers a range of financial products and services, including long-term loans, equity investments, and guarantees, tailored to support both public and private sector initiatives. Its unique focus on sustainable development and innovation distinguishes it within the industry. Over the decades, BNDES has achieved significant milestones, reinforcing its position as a key player in Brazil's economic landscape, and continues to drive impactful projects that enhance the nation's competitiveness and social welfare.
DitchCarbon Score
How does Banco Nacional de Desenvolvimento Econômico e Social'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 Services Auxiliary to 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 Nacional de Desenvolvimento Econômico e Social's score of 26 is lower than 63% 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 Nacional de Desenvolvimento Econômico e Social's reported carbon emissions
In 2020, Banco Nacional de Desenvolvimento Econômico e Social (BNDES) reported significant carbon emissions associated with its operations, particularly in the production of biofuels. The data indicates that the carbon emissions per tonne of sugarcane processed were approximately 262,000 kg CO2e, while the net CO2eq emissions per cubic metre of hydrous ethanol produced were reported as -2,433,000 kg CO2e, reflecting a net reduction due to the use of biofuels. Additionally, the CO2eq emissions from anhydrous ethanol production were approximately 345,000 kg CO2e per cubic metre. BNDES has not disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised climate action strategies at this time. Furthermore, there is no emissions data inherited from a parent organisation, as BNDES operates independently in this regard. Overall, while BNDES demonstrates a commitment to biofuel production with associated emissions reductions, the absence of explicit reduction targets suggests an opportunity for enhanced climate action and transparency in future reporting.
How Carbon Intensive is Banco Nacional de Desenvolvimento Econômico e Social's Industry?
How Carbon Intensive is Banco Nacional de Desenvolvimento Econômico e Social's Location?
Banco Nacional de Desenvolvimento Econômico e Social's Climate Goals (2030 & 2050)
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 Nacional de Desenvolvimento Econômico e Social 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.
