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, specifically from Scope 2 emissions. The bank has not disclosed any data for Scope 1 or Scope 3 emissions, nor has it set any reduction targets or initiatives as part of its climate commitments. The absence of significant reduction targets indicates a potential area for future development in their sustainability strategy. The emissions data is not cascaded from any parent organization, reflecting the bank's independent reporting.
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.
