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.
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.
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.
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.
In 2024, Berkadia reported total carbon emissions of approximately 3,277,000 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 Scope 1 emissions included 20,000 kg CO2e from mobile combustion and 258,000 kg CO2e from stationary combustion. In 2023, the company recorded total emissions of about 3,196,000 kg CO2e, with Scope 1 emissions at 275,000 kg CO2e, Scope 2 emissions at 2,896,000 kg CO2e, and Scope 3 emissions at 4,124,000 kg CO2e. Berkadia's emissions data is cascaded from its parent company, Berkadia Commercial Mortgage LLC, which is a current subsidiary of Jefferies Financial Group Inc. Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Berkadia. The company is committed to addressing its carbon footprint, but specific initiatives or targets have not been outlined in the available data.
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 275,000 | 000,000 |
| Scope 2 | 2,896,000 | 0,000,000 |
| Scope 3 | 4,124,000 | 0,000,000 |
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.
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.