Thüringer Aufbaubank, Anstalt des öffentlichen Rechts, is a prominent development bank headquartered in Erfurt, Germany. Established in 1992, the bank plays a crucial role in supporting economic growth and development in the Free State of Thuringia and surrounding regions. Specialising in financing projects across various sectors, Thüringer Aufbaubank offers a range of services, including investment grants, low-interest loans, and advisory support for businesses and municipalities. Its unique focus on regional development and sustainability sets it apart in the financial landscape. With a strong commitment to fostering innovation and infrastructure, Thüringer Aufbaubank has established itself as a key player in the development banking industry, contributing significantly to the economic vitality of Thuringia.
How does Thüringer Aufbaubank, Anstalt des öffentlichen Rechts'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.
Thüringer Aufbaubank, Anstalt des öffentlichen Rechts's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Thüringer Aufbaubank, Anstalt des öffentlichen Rechts, currently does not have available carbon emissions data for recent years, as indicated by the absence of specific figures. Consequently, there are no reported emissions in terms of Scope 1, 2, or 3. Additionally, the bank has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi), nor does it appear to have made any climate pledges. In the context of the banking and financial sector, it is increasingly important for institutions to establish clear climate commitments and reduction strategies to address their carbon footprint. While Thüringer Aufbaubank has not provided specific data or targets, the broader industry is moving towards greater transparency and accountability in emissions reporting and climate action.
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.
Thüringer Aufbaubank, Anstalt des öffentlichen Rechts is not participating in any 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.