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 26 is lower than 61% 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. This lack of data suggests that HBOR may not have established formal commitments to reduce carbon emissions or may not publicly disclose such information at this time. In the context of climate action, it is essential for financial institutions like HBOR to develop and communicate clear strategies for managing their carbon footprint, particularly in light of increasing global emphasis on sustainability and climate resilience. Without specific emissions data or reduction initiatives, it is challenging to assess the bank's impact on climate change or its alignment with industry standards for environmental responsibility.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hrvatska banka za obnovu i razvitak has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
