BayernLB Sustainability Profile
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 38 is higher than 58% 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, encompassing Scope 1, 2, and 3 emissions. The breakdown includes Scope 1 emissions of about 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 totalled approximately 8,903,709,000 kg CO2e, with purchased electricity contributing significantly at 7,903,758,000 kg CO2e. Scope 3 emissions were substantial, reaching about 22,946,229,000 kg CO2e, driven largely by investments (21,946,229,000 kg CO2e) and business travel (379,468,000 kg CO2e). For 2023, BayernLB's emissions were reported at 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. The 2022 data indicates total emissions of around 3,308,000 kg CO2e, with Scope 1 at 1,234,000 kg CO2e, Scope 2 at 481,000 kg CO2e, and Scope 3 at 1,605,000 kg CO2e. BayernLB has set ambitious targets to reduce its absolute greenhouse gas emissions by 30% by 2030, using a 2020 baseline for both Scope 1 and Scope 2 emissions. This commitment reflects the bank's dedication to sustainability and aligns with broader industry efforts to mitigate climate change impacts. The emissions data for BayernLB is cascaded from its parent company, Bayerische Landesbank, indicating a corporate family relationship that influences its sustainability reporting and targets.
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 |
How Carbon Intensive is BayernLB's Industry?
How Carbon Intensive is BayernLB's Location?
BayernLB's Scope 3 Categories Breakdown
BayernLB's Scope 3 emissions, which increased significantly last year and increased significantly 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 73% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 92% of Scope 3 emissions.
Top Scope 3 Categories
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.
