BMW Bank GmbH Sustainability Profile
BMW Bank GmbH, a prominent financial institution headquartered in Germany, is a key player in the automotive banking sector. Established in 2000, the bank primarily serves the financing needs of BMW and MINI customers, offering tailored solutions across Europe. Specialising in vehicle financing, leasing, and insurance products, BMW Bank distinguishes itself through its deep integration with the BMW Group, ensuring seamless customer experiences. The bank's innovative digital services and flexible financing options cater to a diverse clientele, enhancing its competitive edge in the market. With a strong reputation for reliability and customer satisfaction, BMW Bank GmbH has solidified its position as a trusted partner for automotive financing, contributing significantly to the overall success of the BMW brand.
DitchCarbon Score
How does BMW Bank GmbH'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.
Industry Average
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.
Industry Benchmark
BMW Bank GmbH's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BMW Bank GmbH, headquartered in Germany, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The bank's climate commitments and reduction initiatives are inherited from its parent company, Bayerische Motoren Werke Aktiengesellschaft (BMW AG), which operates at a cascade level of 1. While specific reduction targets for BMW Bank GmbH are not detailed, the overarching initiatives from BMW AG include commitments to the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and other sustainability frameworks. These initiatives aim to enhance transparency and accountability in emissions reduction across the corporate family. As a current subsidiary of BMW AG, BMW Bank GmbH aligns with the parent company's sustainability goals, which focus on reducing emissions across all scopes, including Scope 1, 2, and 3. However, without specific data or targets outlined for BMW Bank GmbH, the details of their individual climate commitments remain vague. In summary, while BMW Bank GmbH does not provide specific emissions data or reduction targets, it is committed to the broader sustainability initiatives of its parent company, BMW AG, which are designed to address climate change and reduce carbon footprints across its operations.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 357,793,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 847,500,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 438,807,000 | 000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is BMW Bank GmbH's Industry?
How Carbon Intensive is BMW Bank GmbH's Location?
BMW Bank GmbH's Scope 3 Categories Breakdown
BMW Bank GmbH's Scope 3 emissions, which decreased by 3% last year and increased significantly since 2009, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 72% of Scope 3 emissions.
Top Scope 3 Categories
BMW Bank GmbH's Climate Goals (2030 & 2050)
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.
BMW Bank GmbH 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.
