SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana Sustainability Profile
SID - Slovenska izvozna in razvojna banka, d.d., headquartered in Ljubljana, Slovenia, plays a pivotal role in the financial landscape of the country. Established in 1992, SID Bank has evolved to support the growth of Slovenian exports and development projects, primarily focusing on financing and investment services. The bank's core offerings include export financing, development loans, and guarantees, tailored to meet the unique needs of businesses in various sectors. SID Bank is recognised for its commitment to fostering economic growth and innovation, making it a key player in Slovenia's financial industry. With a strong market position, SID Bank has achieved notable milestones, contributing significantly to the advancement of Slovenia's export capabilities and sustainable development initiatives.
DitchCarbon Score
How does SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana'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
SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana's score of 24 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana's reported carbon emissions
In 2022, SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana reported total carbon emissions of approximately 3,489,000 kg CO2e. This figure includes 660,000 kg CO2e from Scope 1 emissions, 2,189,000 kg CO2e from Scope 2 emissions, and 640,000 kg CO2e from Scope 3 emissions. Comparatively, in 2021, the bank's total emissions were about 3,809,000 kg CO2e, with Scope 1 emissions at 485,000 kg CO2e, Scope 2 at 2,847,000 kg CO2e, and Scope 3 at 477,000 kg CO2e. This indicates a reduction of approximately 320,000 kg CO2e in total emissions from 2021 to 2022. The bank has not set specific reduction targets or climate pledges, nor does it inherit emissions data from a parent company. All emissions data is self-reported and reflects the bank's commitment to transparency in its environmental impact. For context, the bank's carbon emissions per employee were reported at 115.4 kg CO2e in 2022, up from 83.5 kg CO2e in 2021, indicating a need for further assessment of operational efficiency and sustainability practices. Additionally, emissions per tonne of steel produced were 1,116 kg CO2e in 2022, compared to 1,061 kg CO2e in 2021. Overall, while SID has made strides in reducing its total emissions, the lack of formal reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 347,000 | 000,000 | 000,000 |
| Scope 2 | 2,888,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 541,000 | 000,000 | 000,000 |
How Carbon Intensive is SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana's Industry?
How Carbon Intensive is SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana's Location?
SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana'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.
SID - Slovenska izvozna in razvojna banka, d.d., Ljubljana 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.
