Hrvatska banka za obnovu i razvitak (HBOR), headquartered in Zagreb, Croatia, plays a pivotal role in the country's financial landscape. Established in 1992, HBOR focuses on fostering economic development through a range of financial services tailored to support both public and private sectors. The bank primarily operates in the fields of investment financing, export financing, and providing guarantees, making it a cornerstone for businesses seeking growth and stability. Notable for its commitment to sustainable development, HBOR has achieved significant milestones, including the financing of numerous infrastructure projects across Croatia. With a strong market position, HBOR is recognised for its unique approach to financing, which combines flexibility with a deep understanding of local economic needs, thereby contributing to the overall resilience and growth of the Croatian economy.
How does Hrvatska banka za obnovu i razvitak'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.
Hrvatska banka za obnovu i razvitak'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.
Hrvatska banka za obnovu i razvitak (HBOR), headquartered in Croatia (HR), currently does not have available data on carbon emissions, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined by the bank at this time. In the context of the banking industry, it is increasingly important for financial institutions to establish clear climate strategies and emissions reduction goals. While HBOR has not yet disclosed its carbon footprint or specific initiatives, the bank's future commitments to sustainability and climate action will be crucial in aligning with global efforts to mitigate climate change. As the landscape of environmental responsibility evolves, it is anticipated that HBOR will develop and communicate its climate commitments, potentially including targets aligned with industry standards such as the Science Based Targets initiative (SBTi).
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.
Hrvatska banka za obnovu i razvitak 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.