The Business Development Bank of Canada (BDC) is a pivotal financial institution headquartered in Ottawa, Ontario, serving entrepreneurs across Canada. Established in 1944, BDC has evolved to become a leader in the Canadian business landscape, focusing on small and medium-sized enterprises (SMEs) in various sectors, including technology, manufacturing, and services. BDC offers a range of unique financial products and services, including tailored financing solutions, advisory services, and venture capital, designed to support the growth and innovation of Canadian businesses. With a commitment to fostering entrepreneurship, BDC has achieved notable milestones, such as being a key player in financing over 50,000 businesses nationwide. Its strong market position is underscored by its dedication to helping Canadian entrepreneurs succeed in an increasingly competitive environment.
How does Business Development Bank of Canada'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 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.
Business Development Bank of Canada's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Business Development Bank of Canada (BDC) currently does not have publicly available carbon emissions data or specific reduction targets. As of now, there are no documented initiatives or commitments related to carbon emissions reduction or climate pledges. This absence of data suggests that BDC may still be in the early stages of developing a comprehensive climate strategy. In the context of the financial sector, it is increasingly important for institutions like BDC to establish clear climate commitments and reduction targets to align with global sustainability goals.
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.
Business Development Bank of Canada 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.