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 32 is higher than 54% 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 2024, BayernLB reported total carbon emissions of approximately 11,380,493,000 kg CO2e, with significant contributions from Scope 1 and Scope 2 emissions, which totalled about 11,380,493,000 kg CO2e. The breakdown includes Scope 1 emissions of approximately 491,716,000 kg CO2e, primarily from mobile combustion (210,308,000 kg CO2e), process emissions (114,603,000 kg CO2e), and fugitive emissions (166,805,000 kg CO2e). Scope 2 emissions from purchased electricity and heat accounted for about 8,903,709,000 kg CO2e. BayernLB has set ambitious targets to reduce its absolute greenhouse gas emissions by 30% by 2030, using a 2020 baseline. This target applies to both Scope 1 and Scope 2 emissions, reflecting the bank's commitment to climate action and sustainability. The emissions data for 2023 indicates a total of approximately 3,413,000 kg CO2e, with Scope 1 emissions at about 1,286,000 kg CO2e and Scope 2 emissions at approximately 410,000 kg CO2e. Notably, the 2023 data is cascaded from its parent company, Bayerische Landesbank, which provides a comprehensive view of the bank's environmental impact. BayernLB's climate commitments are further supported by its participation in various sustainability initiatives, although specific SBTi targets have not been disclosed. The bank's ongoing efforts to monitor and reduce emissions demonstrate its proactive approach to addressing climate change within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,743,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
| Scope 2 | 1,349,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000,000 |
| Scope 3 | 2,890,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 00,000,000,000 |
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.
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.
