Development Bank Of Wales
The Development Bank of Wales, headquartered in Great Britain, is a pivotal institution in the financial landscape, established to support the growth of businesses across Wales. Founded in 2017, it has quickly become a key player in the development finance sector, focusing on providing tailored financial solutions to small and medium-sized enterprises (SMEs) and social enterprises. With a commitment to fostering economic growth, the bank offers a range of products, including loans, equity investments, and support for innovative projects. Its unique approach combines local knowledge with flexible funding options, making it an invaluable resource for businesses seeking to expand or innovate. The Development Bank of Wales has achieved notable milestones, positioning itself as a trusted partner in driving sustainable economic development throughout the region.
DitchCarbon Score
How does Development Bank Of Wales'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 Business Services 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
Development Bank Of Wales's score of 3 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Development Bank Of Wales's reported carbon emissions
In 2023, the Development Bank of Wales reported total carbon emissions of approximately 53,620 kg CO2e from Scope 1 sources, while Scope 2 emissions from purchased electricity amounted to about 89,180 kg CO2e. This brings their combined Scope 1 and 2 emissions to approximately 142,800 kg CO2e. Currently, there are no specified reduction targets or climate pledges in place, indicating a potential area for future commitment. The bank's emissions intensity ratio stands at about 520 kg CO2e per full-time equivalent employee, reflecting their operational impact on the environment. As the Development Bank of Wales continues to navigate its climate responsibilities, further transparency and commitment to reduction initiatives may enhance its sustainability profile in the financial sector.
Unlock detailed emissions data
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Add to project| 2023 | |
|---|---|
| Scope 1 | 53,620 |
| Scope 2 | 89,180 |
| Scope 3 | - |
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.
Development Bank Of Wales 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.
