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Public Profile
Financial Intermediation
DE
updated 3 months ago

Deutsche Bundesbank Sustainability Profile

Company website

Deutsche Bundesbank, the central bank of Germany, plays a pivotal role in the European financial landscape. Headquartered in Frankfurt am Main, it operates across various regions in Germany and is integral to the European System of Central Banks. Founded in 1957, the Bundesbank has been instrumental in shaping monetary policy and ensuring financial stability within the Eurozone. The bank's core services include the management of monetary policy, financial stability oversight, and the issuance of banknotes. Its unique position allows it to influence economic conditions through rigorous analysis and policy implementation. Notably, Deutsche Bundesbank is recognised for its commitment to transparency and independence, contributing to its esteemed reputation in the global banking industry.

DitchCarbon Score

How does Deutsche Bundesbank'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.

22

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.

32

Industry Benchmark

Deutsche Bundesbank's score of 22 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Deutsche Bundesbank's reported carbon emissions

In 2023, Deutsche Bundesbank reported total carbon emissions of approximately 762,000 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This figure reflects a commitment to transparency in their environmental impact, although specific Scope 3 emissions data was not disclosed. In 2022, the bank's emissions were significantly higher, totalling approximately 1,181,300 kg CO2e, with Scope 1 emissions at about 552,600 kg CO2e and Scope 2 emissions at approximately 628,800 kg CO2e. This indicates a notable reduction in emissions from the previous year, showcasing their efforts towards climate responsibility. Despite these reductions, Deutsche Bundesbank has not set specific reduction targets or climate pledges, nor do they appear to inherit any emissions data from a parent organisation. Their emissions data is independently reported, reflecting their unique operational footprint. Overall, Deutsche Bundesbank's emissions data highlights their ongoing commitment to monitoring and managing their carbon footprint, even in the absence of formal reduction initiatives or targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
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-
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Scope 2
-
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-
Scope 3
-
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-

How Carbon Intensive is Deutsche Bundesbank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Deutsche Bundesbank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Deutsche Bundesbank's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Deutsche Bundesbank is in DE, which has a medium grid carbon intensity relative to other regions.

Deutsche Bundesbank'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.

Deutsche Bundesbank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Deutsche Bundesbank's Emissions with Industry Peers

Commerzbank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 13 hours ago

Barclays PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Credit Suisse Group (Schweiz)

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Federal Reserve System

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 15 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

JPMorgan Chase & Co

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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