Public Profile

Berliner Sparkasse

Berliner Sparkasse, a prominent financial institution headquartered in Berlin, Germany, has been serving the community since its establishment in 1818. As a key player in the banking industry, it primarily focuses on retail banking, corporate finance, and wealth management, catering to both individual and business clients across the Berlin-Brandenburg region. With a commitment to innovation and customer service, Berliner Sparkasse offers a range of unique products and services, including personalised financial advice, digital banking solutions, and sustainable investment options. The bank has achieved notable recognition for its strong market position, consistently ranking among the top savings banks in Germany. Through its dedication to community engagement and financial education, Berliner Sparkasse continues to play a vital role in the economic landscape of the region.

DitchCarbon Score

How does Berliner Sparkasse'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.

24

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Berliner Sparkasse's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

Berliner Sparkasse's reported carbon emissions

In 2023, Berliner Sparkasse reported total carbon emissions of approximately 353,881,370 kg CO2e. This figure includes 38,392,050 kg CO2e from Scope 1 emissions, 8,594,830 kg CO2e from Scope 2 emissions, and a significant 307,055,110 kg CO2e from Scope 3 emissions, which encompass areas such as business travel and purchased goods and services. In 2022, the bank's total emissions were about 110,944,040 kg CO2e, with Scope 1 emissions at 19,570,800 kg CO2e, Scope 2 emissions at 3,279,070 kg CO2e, and Scope 3 emissions reaching 100,353,940 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. Despite the lack of specific reduction targets or initiatives disclosed, Berliner Sparkasse is committed to addressing its carbon footprint. The bank's emissions data highlights the importance of focusing on Scope 3 emissions, which represent the majority of its total emissions. As the financial sector increasingly prioritises sustainability, Berliner Sparkasse's ongoing efforts will be crucial in aligning with industry standards and climate commitments.

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Add to project
20222023
Scope 1
19,570,800
00,000,000
Scope 2
3,279,070
0,000,000
Scope 3
100,353,940
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Berliner Sparkasse's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Berliner Sparkasse is headquartered in DE, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Berliner Sparkasse is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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