Banco Nacional de Desenvolvimento Econômico e Social
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 14 is lower than 91% 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 organisation's 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 at about -2,433,000 kg CO2e, indicating 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 targets for emissions reduction or climate commitments, nor does it appear to have inherited emissions data from a parent organisation. The absence of defined reduction initiatives or SBTi targets suggests that the bank is currently focusing on its operational efficiencies and the promotion of sustainable practices within its financing activities. Overall, while BNDES has made strides in promoting biofuels that contribute to lower net emissions, it lacks formalised climate commitments or reduction targets at this time.
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 Nacional de Desenvolvimento Econômico e Social 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.
