Bayerische Landesbank, commonly referred to as BayernLB, is a prominent financial institution headquartered in Munich, Germany. Established in 1884, it has evolved into a key player in the banking industry, primarily serving the regions of Bavaria and beyond. BayernLB focuses on corporate banking, real estate financing, and capital markets, offering a range of services tailored to meet the needs of businesses and public sector clients. With a strong emphasis on sustainability and innovation, BayernLB has distinguished itself through its unique financing solutions and expertise in risk management. The bank has achieved notable milestones, including its strategic partnerships and a robust market position within the German banking sector. As a trusted financial partner, BayernLB continues to support economic growth and development in its operational regions.
How does Bayerische Landesbank'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.
Bayerische Landesbank's score of 32 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bayerische Landesbank reported total carbon emissions of approximately 3,413,000 kg CO2e. This figure includes 1,286,000 kg CO2e from Scope 1 emissions, 410,000 kg CO2e from Scope 2 emissions, and 1,717,000 kg CO2e from Scope 3 emissions. Over the years, Bayerische Landesbank has demonstrated a commitment to reducing its carbon footprint. From 2020 to 2023, the bank's total emissions decreased from about 4,446,000 kg CO2e to 3,413,000 kg CO2e, reflecting a significant reduction in emissions. This trend indicates a proactive approach to climate responsibility, although specific reduction targets or initiatives have not been disclosed. Bayerische Landesbank's emissions data shows a consistent effort to monitor and manage its carbon output across all scopes, aligning with industry standards for climate accountability. The bank's ongoing commitment to sustainability is evident, even in the absence of formal reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 1,585,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,093,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 3,296,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Bayerische Landesbank 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.