The National Bank for Agriculture and Rural Development (NABARD), headquartered in Mumbai, India, plays a pivotal role in the agricultural and rural development sector. Established in 1982, NABARD has been instrumental in providing credit and developing financial institutions to support rural infrastructure and agriculture. Operating primarily across India, NABARD focuses on areas such as rural development, agricultural finance, and microfinance. Its core services include refinancing agricultural loans, promoting self-help groups, and facilitating rural development projects, which are tailored to meet the unique needs of the rural economy. Recognised for its significant contributions, NABARD has achieved a strong market position, fostering sustainable rural growth and enhancing livelihoods. With a commitment to innovation and development, NABARD continues to be a cornerstone in India's agricultural landscape.
How does National Bank for Agriculture and Rural Development'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.
National Bank for Agriculture and Rural Development's score of 16 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The National Bank for Agriculture and Rural Development (NABARD), headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a result, NABARD's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organisation. Without specific emissions data or reduction initiatives, it is challenging to assess their impact on climate change or their commitment to sustainability. In the context of the banking and financial services industry, NABARD's lack of reported emissions and targets may reflect a broader trend where financial institutions are increasingly being called upon to disclose their environmental impact and set ambitious climate goals.
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.
National Bank for Agriculture and Rural Development 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.
