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 31 is higher than 54% 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 within the financial sector. This figure is derived from the company's 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, based on a revenue of approximately USD 441.06 million. For 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. In 2020, the total emissions were reported at 616,000 kg CO2e, with Scope 1 emissions at 132,000 kg CO2e, Scope 2 emissions at 204,000 kg CO2e (market-based), and Scope 3 emissions at 280,000 kg CO2e. Despite these disclosures, Berlin Hyp has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Berlin Hyp AG, which is part of the Landesbank Baden-Württemberg corporate family. This relationship influences the company's sustainability reporting and climate commitments. Overall, while Berlin Hyp has made strides in measuring its financed emissions, it currently lacks defined reduction targets, highlighting an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | |
---|---|---|
Scope 1 | 132,000 | 000,000 |
Scope 2 | 204,000 | 00,000 |
Scope 3 | 280,000 | 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.