Creditreform Rating AG, headquartered in Germany, is a prominent player in the credit rating industry, specialising in the assessment of creditworthiness for various sectors. Founded in 2000, the company has established itself as a trusted provider of independent credit ratings, research, and risk management solutions across Europe. With a focus on corporate ratings, public finance, and structured finance, Creditreform Rating AG offers unique insights that help clients make informed financial decisions. The firm is known for its rigorous methodologies and comprehensive analysis, which set it apart in a competitive market. Recognised for its commitment to transparency and reliability, Creditreform Rating AG has achieved significant milestones, including partnerships with key financial institutions and a growing portfolio of international clients. Its expertise and innovative approach position it as a leading authority in the credit rating landscape.
How does Creditreform Rating 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.
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.
Creditreform Rating AG's score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Creditreform Rating AG reported total carbon emissions of approximately 1,470,000,000 kg CO2e, comprising 850,000,000 kg CO2e from Scope 1 and 620,000,000 kg CO2e from Scope 2. This marks a significant reduction from 2022, where emissions were about 1,890,000,000 kg CO2e, with Scope 1 at 1,080,000,000 kg CO2e and Scope 2 at 810,000,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, achieving a reduction of approximately 420,000,000 kg CO2e in total emissions from 2022 to 2023. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Creditreform Rating AG. The company continues to focus on its emissions from direct operations and energy consumption, as indicated by its disclosures of Scope 1 and Scope 2 emissions. As the organisation progresses, further commitments and targets may be established to enhance its climate strategy and align with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,290,000,000 | 0,000,000,000 | 000,000,000 |
Scope 2 | 630,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - |
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.
Creditreform Rating AG 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.