Procredit
ProCredit Holding AG, commonly referred to as ProCredit, is a prominent financial institution headquartered in Germany. Established in 1998, ProCredit has made significant strides in the banking sector, particularly in Eastern Europe, Africa, and Latin America. The company focuses on providing sustainable banking solutions, primarily catering to small and medium-sized enterprises (SMEs) and private clients. ProCredit is renowned for its commitment to responsible banking, offering a range of services including loans, savings accounts, and advisory services. Its unique approach combines financial performance with social responsibility, positioning it as a leader in the development of sustainable finance. With a strong market presence and a reputation for innovation, ProCredit continues to achieve notable milestones in promoting economic growth in its operational regions.
DitchCarbon Score
How does Procredit'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
Procredit's score of 21 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Procredit's reported carbon emissions
In 2023, ProCredit Holding AG reported total carbon emissions of approximately 770,000,000 kg CO2e, with emissions distributed across various scopes: 900,000 kg CO2e from Scope 1, 3,300,000 kg CO2e from Scope 2, and a significant 769,500,000 kg CO2e from Scope 3. This represents a notable reduction from previous years, particularly from 2022, where total emissions were about 770,000,000 kg CO2e. ProCredit has set ambitious climate commitments, aiming for net-zero emissions by 2050. Their near-term targets, aligned with the Science Based Targets initiative (SBTi), focus on reducing emissions across all scopes, with a specific emphasis on their investment and lending portfolio, which covers 57% of total assets as of 2022. The company is committed to ensuring that its operational emissions (Scopes 1 and 2) align with the reductions necessary to limit global warming to 1.5°C. Overall, ProCredit's emissions data and climate commitments reflect a proactive approach to sustainability, with ongoing efforts to reduce their carbon footprint and contribute to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,445,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 3,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 10,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
Procredit is committed to some 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.
