Deka, officially known as DekaBank Deutsche Girozentrale, is a prominent financial services provider headquartered in Frankfurt, Germany. Established in 1918, Deka has evolved into a key player in the asset management and investment sector, primarily serving institutional clients and private investors across Europe. The company offers a diverse range of financial products and services, including mutual funds, real estate investments, and capital market solutions, distinguished by their innovative approach and commitment to sustainability. Deka's strong market position is underscored by its significant assets under management and a reputation for reliability and expertise in the financial industry. With a focus on delivering tailored investment strategies, Deka continues to achieve notable milestones, reinforcing its status as a trusted partner in the evolving landscape of finance.
How does Deka'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.
Deka's score of 26 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Deka reported total carbon emissions of approximately 6.23 million tonnes CO2e. This figure includes 1.05 million tonnes CO2e from Scope 1 emissions, 5 million tonnes CO2e from Scope 2 emissions, and a significant 20 million tonnes CO2e from Scope 3 emissions, which encompass a wide range of indirect emissions from their value chain. Over the years, Deka has demonstrated a commitment to reducing its carbon footprint. From 2017 to 2022, the company achieved a notable reduction in total emissions, decreasing from about 10.76 million tonnes CO2e in 2017 to 6.23 million tonnes CO2e in 2022. This represents a reduction of approximately 41% over the five-year period. Despite these achievements, Deka has not publicly outlined specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of formal reduction commitments suggests that while Deka is actively working to lower its emissions, further transparency regarding future goals and strategies would enhance its climate commitment profile.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 1,844,898 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 5,017,844 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 3,898,611 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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.
Deka 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.