CAF - Banco de Desarrollo de América Latina

Sustainability Report and Carbon Intensity Rankings

Is CAF - Banco de Desarrollo de América Latina doing their part?

Their DitchCarbon score is 71

CAF – Banco de Desarrollo de América Latina has a DitchCarbon Score of 71, indicating a relatively high level of sustainability in its operations. This score suggests that the bank has implemented effective measures to reduce its carbon intensity. A score of 71 out of 100 reflects a commitment to lowering emissions and advancing towards environmental goals.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

CAF – Banco de Desarrollo de América Latina operates in the finance sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

The carbon intensity rating for the region where Banco de Desarrollo de América Latina is located is unknown, making it difficult to assess the direct impact of the country’s energy mix on the company’s sustainability efforts. However, if the country were to have a ‘WL’ rating, it would indicate a very low carbon intensity, suggesting that the company operates in a region with a sustainable energy profile.
20.17%

...this company is doing 20.17% better in emissions than the industry average.

CAF – Banco de Desarrollo de América Latina, founded in 1970, is a prominent development bank headquartered in Caracas, Venezuela, with additional offices across Latin America and Europe. The institution operates within the finance sector, offering a range of services including credit operations, grants, technical support, and financial structuring for both public and private projects aimed at sustainable development in the region. CAF’s mission centers on fostering regional integration by mobilizing resources and delivering high-value financial services to its member countries and clients.

Good news, CAF has committed to SBTi climate action goals

CAF – Banco de Desarrollo de América Latina has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions. This commitment aligns the company’s operations and strategies with the goals of the Paris Agreement to limit global warming.

There’s always room for improvement,

DitchCarbon recommends...

CAF – Banco de Desarrollo de América Latina should consider implementing fuel switching strategies in their transportation and operations to capitalize on a potential 15% reduction in Scope 1 emissions.
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✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.