Bulgarian-American Credit Bank AD 2024 SR
The report highlights the sustainability performance of Bulgarian-American Credit Bank (BACB) for the 2024 financial year. Key achievements include transitioning to 100% green electricity at its Sofia headquarters, which saved 113.35 tCO2e, and reducing operational emissions by 18%. BACB also launched the 'BACB Forest' project, planting over 20,000 Atlas cedar saplings to absorb 440 tCO2e annually. Additionally, the bank expanded its financed emissions analysis under the PCAF methodology to cover 63% of its portfolio and introduced biodegradable plant-based bank cards. These efforts align with BACB's ESG Strategy for 2024–2026, reinforcing its position as Bulgaria's Green Bank.
Company: Bulgarian-American Credit Bank AD
Sector: Financials
Country: Bulgaria
Year: 2024
Type: SR
Pages: 86
Bulgarian-American Credit Bank AD
Sustainable Development Report
The report highlights the sustainability performance of Bulgarian-American Credit Bank (BACB) for the 2024 financial year. Key achievements include transitioning to 100% green electricity at its Sofia headquarters, which saved 113.35 tCO2e, and reducing operational emissions by 18%. BACB also launched the 'BACB Forest' project, planting over 20,000 Atlas cedar saplings to absorb 440 tCO2e annually. Additionally, the bank expanded its financed emissions analysis under the PCAF methodology to cover 63% of its portfolio and introduced biodegradable plant-based bank cards. These efforts align with BACB's ESG Strategy for 2024–2026, reinforcing its position as Bulgaria's Green Bank.
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Document Details
Report Year
2024
Reporting Period
2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Women in Management
Employees