Deutsche Bundesbank
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.
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
Deutsche Bundesbank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Deutsche Bundesbank's reported carbon emissions
In 2022, Deutsche Bundesbank reported a Weighted Average Carbon Intensity (WACI) of approximately 0.00143 kg CO2e per EUR of revenue, reflecting its operational carbon emissions. The previous year, 2021, showed a slightly higher WACI of about 0.00149 kg CO2e per EUR of revenue. However, specific absolute emissions data for Scope 1, 2, and 3 are not disclosed, indicating a lack of detailed emissions reporting. Currently, Deutsche Bundesbank has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of defined targets suggests that while the institution acknowledges its carbon footprint, it has yet to establish a structured approach to emissions reduction. As a central bank headquartered in Germany, Deutsche Bundesbank operates within a broader context of increasing climate awareness and regulatory pressure in the financial sector. The institution's commitment to sustainability may evolve as it aligns with national and international climate goals.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Deutsche Bundesbank is not participating in any of the initiatives that 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.
