comdirect bank AG Sustainability Profile
Comdirect Bank AG, a prominent player in the German banking sector, is headquartered in Quickborn, Germany. Founded in 1994, the bank has established itself as a leading online broker and financial services provider, catering primarily to retail customers across Germany and beyond. Specialising in online banking, investment services, and trading solutions, Comdirect offers a unique blend of innovative digital tools and personalised customer support. Its core products include brokerage accounts, savings plans, and comprehensive financial advisory services, all designed to empower clients in managing their finances effectively. With a strong market position, Comdirect has garnered numerous accolades for its user-friendly platform and competitive pricing, making it a preferred choice for investors seeking a reliable and efficient banking experience.
DitchCarbon Score
How does comdirect bank AG'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
comdirect bank AG's score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Comdirect Bank AG, headquartered in Germany (DE), currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The bank's climate commitments and reduction initiatives are inherited from its parent company, Commerzbank AG, through a merged entity relationship. Commerzbank AG has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments, CDP participation, and RE100 membership, which aim to enhance sustainability and reduce carbon footprints across its operations. However, specific reduction targets or achievements for Comdirect Bank AG are not detailed in the available information. As a part of the broader corporate family, Comdirect Bank AG aligns with Commerzbank AG's sustainability goals, which focus on transitioning to a low-carbon economy and addressing climate change impacts. The lack of direct emissions data for Comdirect Bank AG suggests that the bank is still in the process of developing its own specific climate strategy and reporting framework.
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| 2009 | 2010 | 2011 | 2012 | 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 53,569,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 153,669,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 25,208,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
How Carbon Intensive is comdirect bank AG's Industry?
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comdirect bank AG's Scope 3 Categories Breakdown
comdirect bank AG's Scope 3 emissions, which increased significantly 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 "Investments" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
comdirect bank AG'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.
comdirect bank AG 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.
