Deutsche Bundesbank

Deutsche Bundesbank Climate Commitments and Emissions

Deutsche Bundesbank, a financial intermediation services provider based in Germany, reported its Scope 3 emissions for 2024 as approximately 488,303,000 kg CO2e attributed to investments, alongside approximately 35,643,000 kg CO2e for Scope 1 and 2 market-based emissions. In 2023, the institution's Scope 3 emissions from investments were about 435,896,000 kg CO2e, with Scope 1 and 2 market-based emissions at approximately 22,089,000 kg CO2e. For 2022, Scope 3 emissions from investments were approximately 714,161,000 kg CO2e, and Scope 1 and 2 market-based emissions were around 19,677,000 kg CO2e.

While the organisation's overall total emissions for these recent years are not available, Deutsche Bundesbank has set specific reduction targets. It aims to reduce its Scope 3 upstream financed emissions by 23 percent by 2030, using 2023 as the base year. Furthermore, the Bundesbank is committed to a long-term goal of reducing its Scope 3 upstream financed emissions by 90 percent by 2050, also against a 2023 baseline.