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 69% 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) currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the bank. As of now, HBOR has not inherited any emissions data from a parent or related organization, and there are no industry-standard climate initiatives such as SBTi or CDP targets reported. This lack of data suggests that the bank may still be in the early stages of formalising its climate commitments or emissions tracking. In the context of the banking sector, it is increasingly important for financial institutions to establish clear carbon reduction strategies and transparency in emissions reporting. As climate change becomes a critical issue, stakeholders expect banks like HBOR to engage in sustainable practices and set measurable targets for reducing their carbon footprint in the future.
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 participating in any of the initiatives that 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.