Aareal Bank AG, headquartered in Wiesbaden, Germany, is a prominent player in the financial services industry, specialising in property financing and banking solutions. Founded in 1923, the bank has established itself as a trusted partner for real estate investors and developers across Europe, North America, and Asia. With a focus on commercial property financing, Aareal Bank offers unique services such as structured finance, investment management, and digital solutions tailored to meet the evolving needs of its clients. The bank's commitment to innovation and sustainability has positioned it as a leader in the sector, earning recognition for its robust financial performance and strategic growth initiatives. Aareal Bank continues to thrive, leveraging its extensive expertise to navigate the complexities of the global real estate market.
How does Aareal Bank'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.
Aareal Bank's score of 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Aareal Bank reported total carbon emissions of approximately 1,324,000 kg CO2e, comprising 1,065,000 kg CO2e from Scope 1 and 259,000 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2022, where emissions were about 1,430,000 kg CO2e. Over the years, Aareal Bank has demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from approximately 1,472,000 kg CO2e in 2021 and 1,314,000 kg CO2e in 2020. The bank's emissions profile includes significant contributions from Scope 1 and Scope 2, with no reported data for Scope 3 emissions. Aareal Bank has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, Aareal Bank's emissions data reflects a trend towards lower carbon emissions, aligning with broader industry efforts to address climate change.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 3,760,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 953,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 5,061,560 | - | - | - | - | - |
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.
Aareal Bank is not committed to any reduction initiatives 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.