Berlin Hyp, officially known as Berlin Hyp AG, is a prominent player in the German real estate finance sector, headquartered in Berlin, Germany. Established in 1769, the bank has evolved significantly, focusing primarily on commercial real estate financing and investment. With a strong presence in major operational regions across Europe, Berlin Hyp is renowned for its tailored financial solutions that cater to the diverse needs of property investors and developers. The bank's core offerings include mortgage loans, refinancing options, and advisory services, distinguished by their customer-centric approach and innovative financing structures. Berlin Hyp has achieved a notable market position, recognised for its commitment to sustainability and responsible lending practices. As a trusted partner in the real estate market, Berlin Hyp continues to set benchmarks in the industry, reflecting its long-standing expertise and dedication to excellence.
How does Berlin Hyp'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 Real Estate Services 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.
Berlin Hyp's score of 37 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 2023, Berlin Hyp reported a financed emission intensity of approximately 30,000 kg CO2e per square metre, reflecting its commitment to sustainability in the financial sector. This figure is derived from the overall revenue of about USD 445.66 million. The previous year, 2022, saw a slightly higher financed emission intensity of about 31,000 kg CO2e per square metre, indicating a focus on reducing emissions over time. For the year 2021, Berlin Hyp disclosed total emissions of 444,000 kg CO2e, which included 132,000 kg CO2e from Scope 1, 95,000 kg CO2e from Scope 2 (market-based), and 217,000 kg CO2e from Scope 3 emissions. This data illustrates the bank's comprehensive approach to tracking its carbon footprint across all scopes of emissions. Berlin Hyp has set a significant target to reduce CO2 emissions from the building sector by 40% between 2020 and 2030. This commitment aligns with broader industry goals to enhance sustainability and mitigate climate change impacts. The emissions data for Berlin Hyp is cascaded from its parent company, Berlin Hyp AG, which is part of the Landesbank Baden-Württemberg corporate family. This relationship ensures that Berlin Hyp adheres to the sustainability standards and targets set by its parent organisation. Overall, Berlin Hyp is actively working towards reducing its carbon emissions and enhancing its climate commitments, reflecting a growing trend in the financial sector to prioritise environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 305,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,630,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 3 | 649,000 | 000,000 | 000,000 | 000,000 | 000,000 |
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.
Berlin Hyp 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.