Deutsche Bundesbank Sustainability Profile
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 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.
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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 Scope 1 and 2 emissions. This marks a significant focus on reducing its carbon footprint, although specific reduction targets or achievements have not been disclosed. In 2022, the bank's emissions were recorded at about 1,181,300 kg CO2e, with Scope 1 emissions at approximately 552,600 kg CO2e and Scope 2 emissions at about 628,800 kg CO2e. This indicates a potential reduction in emissions from the previous year, where total emissions in 2021 were approximately 1,445,400 kg CO2e, comprising about 622,000 kg CO2e from Scope 1 and about 824,500 kg CO2e from Scope 2. Deutsche Bundesbank has not set specific science-based targets (SBTi) or other formal reduction initiatives, nor does it inherit emissions data from a parent organization. The bank's commitment to climate action is evident, but further details on specific strategies or pledges remain unspecified.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | - | - | - |
How Carbon Intensive is Deutsche Bundesbank's Industry?
How Carbon Intensive is Deutsche Bundesbank's Location?
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.
