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 35 is higher than 65% 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 total carbon emissions of approximately 777,000 kg CO2e, comprising 223,000 kg CO2e from Scope 1, 119,000 kg CO2e from market-based Scope 2, and 435,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 227,000 kg CO2e in 2022, while Scope 2 emissions saw a shift from 90,000 kg CO2e (market-based) and 787,000 kg CO2e (location-based) in 2022. Scope 3 emissions remained relatively stable, with 432,000 kg CO2e reported in 2022. Berlin Hyp has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the financial sector. The bank's emissions data indicates a focus on transparency, as it discloses emissions across all three scopes, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 305,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 2,630,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 000,000 |
Scope 3 | - | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Berlin Hyp is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.