Berkadia Sustainability Profile
Berkadia, officially known as Berkadia Commercial Mortgage LLC, is a leading player in the commercial real estate industry, headquartered in the United States. Founded in 1989, the company has established a strong presence across major operational regions, including the East Coast, West Coast, and the Midwest. Specialising in multifamily and commercial mortgage banking, Berkadia offers a unique blend of capital solutions, investment sales, and servicing capabilities. Its innovative approach to financing and deep market insights have positioned it as a trusted partner for clients seeking to navigate the complexities of real estate transactions. With a commitment to excellence, Berkadia has achieved notable milestones, including recognition as one of the top commercial mortgage servicers in the nation, solidifying its reputation as a leader in the industry.
DitchCarbon Score
How does Berkadia'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
Berkadia'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.
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Berkadia's reported carbon emissions
In 2024, Berkadia reported total carbon emissions of approximately 3,500,000 kg CO2e, comprising 277,000 kg CO2e from Scope 1, 3,223,000 kg CO2e from Scope 2, and 4,063,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw similar figures with total emissions of about 3,170,000 kg CO2e, including 275,000 kg CO2e from Scope 1, 2,896,000 kg CO2e from Scope 2, and 4,124,000 kg CO2e from Scope 3. Berkadia's emissions data is cascaded from its parent company, Berkadia Commercial Mortgage LLC, and is influenced by the corporate family relationship with Jefferies Financial Group Inc. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges outlined in their sustainability initiatives. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to understanding its carbon footprint. However, without established reduction targets, Berkadia's commitment to climate action remains unclear within the context of industry standards.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 275,000 | 000,000 |
| Scope 2 | 2,896,000 | 0,000,000 |
| Scope 3 | 4,124,000 | 0,000,000 |
How Carbon Intensive is Berkadia's Industry?
How Carbon Intensive is Berkadia's Location?
Berkadia's Scope 3 Categories Breakdown
Berkadia's Scope 3 emissions, which decreased by 1% last year and decreased by approximately 1% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 54% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Berkadia'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.
Berkadia 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.
