Bulgarian Development Bank EAD Sustainability Profile
Bulgarian Development Bank EAD, commonly referred to as BDB, is a pivotal financial institution headquartered in Sofia, Bulgaria. Established in 1999, the bank has played a significant role in supporting the national economy through various developmental initiatives and financing solutions. BDB primarily operates in the banking industry, focusing on providing loans and financial services to small and medium-sized enterprises (SMEs), as well as fostering investments in key sectors. With a commitment to enhancing economic growth, BDB offers unique products such as investment loans, working capital financing, and guarantees tailored to the needs of Bulgarian businesses. The bank's strategic position in the market is underscored by its dedication to sustainable development and innovation, making it a trusted partner for entrepreneurs and investors alike. Over the years, BDB has achieved notable milestones, reinforcing its status as a cornerstone of Bulgaria's financial landscape.
DitchCarbon Score
How does Bulgarian Development Bank EAD'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 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
Bulgarian Development Bank EAD'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.
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Bulgarian Development Bank EAD's reported carbon emissions
Bulgarian Development Bank EAD currently does not report any carbon emissions data, as there are no available figures for emissions in kg CO2e. Consequently, the bank has not established specific reduction targets or initiatives related to carbon emissions. In the context of climate commitments, the bank has not publicly disclosed any climate pledges or initiatives, nor does it inherit emissions data from a parent or related organization. As such, there are no industry-standard climate targets or commitments to report at this time. The absence of emissions data and reduction initiatives highlights an opportunity for Bulgarian Development Bank EAD to enhance its environmental strategy and align with global climate action frameworks.
How Carbon Intensive is Bulgarian Development Bank EAD's Industry?
How Carbon Intensive is Bulgarian Development Bank EAD's Location?
Bulgarian Development Bank EAD'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.
Bulgarian Development Bank EAD 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.
