BayernLB
BayernLB, officially known as Bayerische Landesbank, is a prominent financial institution headquartered in Munich, Germany. Established in 1884, it has evolved into a key player in the banking sector, primarily serving the regions of Bavaria and beyond. As a leading public-sector bank, BayernLB focuses on corporate banking, real estate financing, and capital markets, catering to a diverse clientele that includes businesses, municipalities, and institutional investors. With a strong emphasis on sustainable finance, BayernLB offers unique products and services designed to meet the evolving needs of its customers. The bank has achieved notable milestones, including its robust market position as one of Germany's largest banks, recognised for its commitment to innovation and stability in the financial landscape.
DitchCarbon Score
How does BayernLB'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
BayernLB's score of 19 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
BayernLB's reported carbon emissions
In 2023, BayernLB reported relative greenhouse gas emissions of approximately 1,379 kg CO2e per employee. This figure reflects a slight increase from 2022, where emissions were about 1,200 kg CO2e per employee. Over the past few years, emissions have fluctuated, with 2021 reporting approximately 1,059 kg CO2e per employee and 2020 at about 1,418 kg CO2e per employee. The data indicates a trend of increasing emissions relative to employee count, with 2019 showing the highest emissions at approximately 1,772 kg CO2e per employee. BayernLB has not disclosed specific targets for emissions reduction or climate commitments, nor have they provided detailed data on Scope 1, 2, or 3 emissions. The absence of defined reduction initiatives or climate pledges suggests that the bank may still be in the early stages of formalising its climate strategy. As the financial sector increasingly prioritises sustainability, BayernLB's future commitments and actions will be crucial in addressing its carbon footprint and aligning with industry standards for climate responsibility.
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.
BayernLB 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.
