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 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Aareal Bank reported total carbon emissions of approximately 1,226,563,000 kg CO2e. This figure includes Scope 1 emissions of about 459,000 kg CO2e, Scope 2 emissions (market-based) of approximately 419,000 kg CO2e, and significant Scope 3 emissions totalling around 1,225,685,000 kg CO2e, which encompasses investments, business travel, employee commute, purchased goods and services, waste generated in operations, and fuel and energy-related activities. The bank has made notable strides in its climate commitments, having set a target in 2015 to achieve a 100% reduction in CO2 emissions from conventional electricity consumption by 2020. This commitment reflects Aareal Bank's dedication to sustainability and reducing its environmental impact. In previous years, Aareal Bank's emissions have shown fluctuations, with 2023 emissions recorded at approximately 1,064,000 kg CO2e for Scope 1 and 259,000 kg CO2e for Scope 2 (market-based). The bank has consistently disclosed its emissions data across all relevant scopes, demonstrating transparency in its climate reporting. Aareal Bank's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The bank continues to focus on enhancing its sustainability initiatives and reducing its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 3,962,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 2,955,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | 0,000,000 | - | - | - | - | 0,000,000,000 |
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 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.