Bulgarian Development Bank EAD
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 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bulgarian Development Bank EAD's reported carbon emissions
Bulgarian Development Bank EAD currently does not have available carbon emissions data, as no specific emissions figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions to analyse. Additionally, the bank has not outlined any formal reduction targets or climate pledges, which limits the ability to assess their commitments towards carbon neutrality or sustainability initiatives. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate commitments and reduction strategies to align with global sustainability goals. As such, Bulgarian Development Bank EAD may benefit from developing and communicating a comprehensive climate strategy to enhance its environmental impact and transparency.
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.
Bulgarian Development Bank EAD 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.
