Landeskreditbank Baden-Württemberg - Förderbank Sustainability Profile
Landeskreditbank Baden-Württemberg - Förderbank, commonly referred to as L-Bank, is a prominent development bank headquartered in Karlsruhe, Germany. Established in 1999, L-Bank plays a crucial role in the financial landscape of Baden-Württemberg, focusing on fostering economic growth and innovation within the region. As a key player in the banking industry, L-Bank offers a range of financial services, including loans for small and medium-sized enterprises (SMEs), housing finance, and support for renewable energy projects. Its unique approach combines public funding with private sector expertise, ensuring tailored solutions for diverse client needs. With a strong commitment to sustainable development, L-Bank has achieved notable milestones, positioning itself as a leader in promoting economic stability and environmental responsibility in the region. Its dedication to supporting local businesses and communities underscores its vital role in Baden-Württemberg's economic ecosystem.
DitchCarbon Score
How does Landeskreditbank Baden-Württemberg - Förderbank'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 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.
Industry Benchmark
Landeskreditbank Baden-Württemberg - Förderbank's score of 17 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Landeskreditbank Baden-Württemberg - Förderbank's reported carbon emissions
In 2024, Landeskreditbank Baden-Württemberg - Förderbank reported carbon emissions of approximately 424,400 kg CO2e, exclusively from Scope 2 emissions. This data highlights the bank's energy-related emissions, as no Scope 1 or Scope 3 emissions data is available. Currently, there are no specified reduction targets or climate pledges from the bank, indicating a potential area for future commitment. The absence of cascading emissions data suggests that the bank operates independently in its climate reporting and does not inherit emissions data from a parent organisation. As a financial institution, Landeskreditbank's focus on managing its carbon footprint is crucial in the context of increasing climate awareness and regulatory pressures within the banking sector. The bank's commitment to transparency in its emissions reporting is a positive step towards addressing climate change impacts.
How Carbon Intensive is Landeskreditbank Baden-Württemberg - Förderbank's Industry?
How Carbon Intensive is Landeskreditbank Baden-Württemberg - Förderbank's Location?
Landeskreditbank Baden-Württemberg - Förderbank's Climate Goals (2030 & 2050)
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.
Landeskreditbank Baden-Württemberg - Förderbank 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.
