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.
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.
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.
Banco Nacional de Desenvolvimento Econômico e Social's score of 27 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Nacional de Desenvolvimento Econômico e Social (BNDES), headquartered in Brazil, currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no documented reduction targets or climate commitments outlined by the bank at this time. In the context of the financial sector, BNDES is expected to align with global climate initiatives and may engage in efforts to promote sustainable development and reduce carbon footprints in its financing activities. However, without specific emissions data or defined targets, it is challenging to assess the bank's current impact on climate change or its commitment to reducing carbon emissions.
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 Nacional de Desenvolvimento Econômico e Social is not committed to any reduction initiatives 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.