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Public Profile
Financial Intermediation
DE
updated 2 months ago

BayernLB Sustainability Profile

Company website

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.

43

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.

32

Industry Benchmark

BayernLB's score of 43 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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BayernLB's reported carbon emissions

In 2024, BayernLB reported total carbon emissions of approximately 3,875,000 kg CO2e, with emissions distributed across various scopes: Scope 1 emissions were about 1,412,000 kg CO2e, Scope 2 emissions totalled approximately 288,000 kg CO2e, and Scope 3 emissions accounted for about 2,727,000 kg CO2e. This data is cascaded from its parent company, Bayerische Landesbank. BayernLB has set ambitious climate commitments, aiming 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 sustainability and climate action. The bank's emissions data for 2023 indicates a total of approximately 3,413,000 kg CO2e, showcasing a slight increase from the previous year. The emissions data for 2022 was approximately 3,308,000 kg CO2e, indicating a trend that the bank aims to reverse through its reduction initiatives. BayernLB's climate strategy is aligned with industry standards, focusing on transparency and accountability in its emissions reporting and reduction efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162018201920202021202220232024
Scope 1
1,743,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
1,349,000
0,000,000
0,000,000
0,000,000
000,000
000,000
000,000
000,000
Scope 3
2,890,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000

How Carbon Intensive is BayernLB's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BayernLB's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is BayernLB's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for BayernLB is in DE, which has a medium grid carbon intensity relative to other regions.

BayernLB's Scope 3 Categories Breakdown

BayernLB's Scope 3 emissions, which increased by 41% last year and decreased by approximately 6% since 2016, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 62% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 30% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
30%
Waste Generated in Operations
22%

BayernLB's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

BayernLB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare BayernLB's Emissions with Industry Peers

Credit Suisse Group (Schweiz)

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

United Bankshares, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Lloyds Banking Group

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 3 hours ago

Western Alliance Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

BankUnited, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Societe Generale

FR
•
Services auxiliary to financial intermediation (67)
Updated about 3 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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