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 59% 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
As of the latest available data, Banco Nacional de Desenvolvimento Econômico e Social (BNDES) has not disclosed specific carbon emissions figures for the year 2020 or any other recent year. The organisation does not report on Scope 1, Scope 2, or Scope 3 emissions, indicating a lack of detailed emissions data. BNDES has not set any formal reduction targets or initiatives, as evidenced by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Furthermore, there are no climate pledges reported. In the context of the industry, BNDES operates within a framework that encourages sustainable development and financing for projects that aim to reduce carbon footprints. However, without specific emissions data or reduction commitments, it is challenging to assess their direct impact on climate change mitigation. Overall, while BNDES is positioned to contribute to climate action through its financing activities, the lack of disclosed emissions data and reduction targets limits the ability to evaluate its climate commitments effectively.
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.
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