Bayerische Landesbank
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.
DitchCarbon Score
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.
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
Bayerische Landesbank's score of 32 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bayerische Landesbank's reported carbon emissions
Bayerische Landesbank's carbon emissions have shown a notable trend over recent years. In 2023, the bank reported total emissions of approximately 3,413,000 kg CO2e, with Scope 1 emissions at about 1,286,000 kg CO2e, Scope 2 emissions at around 410,000 kg CO2e, and Scope 3 emissions also at approximately 1,717,000 kg CO2e. This represents a slight increase from 2022, where total emissions were about 3,308,000 kg CO2e. The bank's emissions peaked in 2017 at approximately 6,389,000 kg CO2e, followed by a significant reduction to about 4,446,000 kg CO2e in 2020. Over the years, Bayerische Landesbank has made strides in reducing its carbon footprint, achieving a reduction of about 2,976,000 kg CO2e from its 2017 peak to its 2023 figures. Despite these reductions, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment. The bank has disclosed emissions across all three scopes, demonstrating transparency in its reporting practices. As the financial sector increasingly focuses on sustainability, Bayerische Landesbank's ongoing efforts to manage and reduce its carbon emissions will be crucial in aligning with industry standards and expectations.
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Add to project| 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 |
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.
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.
