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 60 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Procredit's reported carbon emissions
In 2024, ProCredit reported total carbon emissions of approximately 3,814,929,000 kg CO2e, with Scope 1 emissions at about 1,027,000 kg CO2e, Scope 2 emissions (market-based) at approximately 4,032,000 kg CO2e, and a significant Scope 3 total of around 3,809,870,000 kg CO2e. This represents a notable increase from 2023, where total emissions were about 3,292,920,000 kg CO2e, with Scope 1 at approximately 987,000 kg CO2e and Scope 2 (market-based) at around 3,660,000 kg CO2e. ProCredit has set ambitious targets to reduce its carbon footprint, aiming for a 42% reduction in Scope 1 and 2 emissions by 2030, using 2022 as the baseline year. This commitment aligns with their Climate Action Strategy and reflects their dedication to sustainable practices within the financial sector. Additionally, ProCredit is committed to net-zero emissions, with portfolio targets covering 57% of its total investment and lending by total assets as of 2022. This includes a focus on required activities, which constituted 6% of their total investments, while optional activities made up 57%. The company is actively working towards these targets, which are consistent with the reductions necessary to limit global warming to 1.5°C. Overall, ProCredit's emissions data and climate commitments demonstrate a proactive approach to addressing climate change, with clear reduction targets and a commitment to sustainable finance practices.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 15,000 | 00,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 821,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 participating in some of the initiatives that 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.
