LfA Förderbank Bayern
LfA Förderbank Bayern, also known as LfA Bank, is a prominent development bank headquartered in Munich, Germany. Established in 1950, it plays a vital role in supporting the economic development of Bavaria and beyond, focusing on small and medium-sized enterprises (SMEs) and innovative projects. The bank offers a range of financial products, including low-interest loans and grants, tailored to foster entrepreneurship and sustainable growth. LfA's unique approach combines financial support with expert advisory services, making it a trusted partner for businesses seeking to expand or innovate. With a strong market position, LfA Förderbank Bayern has facilitated numerous successful projects, contributing significantly to the regional economy. Its commitment to promoting sustainable development and innovation has solidified its reputation as a key player in the development banking sector.
DitchCarbon Score
How does LfA Förderbank Bayern'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 Business Services 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
LfA Förderbank Bayern's score of 0 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LfA Förderbank Bayern's reported carbon emissions
In 2021, LfA Förderbank Bayern reported total carbon emissions of approximately 442,912 kg CO2e. This figure includes 35,205 kg CO2e from Scope 1 emissions, 123,348 kg CO2e from Scope 2 emissions, and 284,359 kg CO2e from Scope 3 emissions. Over the years, LfA has demonstrated a significant reduction in emissions. For instance, in 2020, total emissions were about 513,060 kg CO2e, indicating a decrease of approximately 70,148 kg CO2e from the previous year. This trend of reduction is notable when compared to earlier years, such as 2016, when total emissions reached approximately 5,000,000 kg CO2e across all scopes. Despite the positive trajectory in emissions reduction, LfA Förderbank Bayern has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The bank continues to focus on sustainability and reducing its carbon footprint, aligning with broader industry standards for climate action.
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Add to project| 2014 | 2015 | 2016 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 1,500,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 2 | 1,200,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 2,600,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
LfA Förderbank Bayern 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.
