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.
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.
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.
Deutsche Bundesbank's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Deutsche Bundesbank reported total carbon emissions of approximately 762,000 kg CO2e, encompassing Scope 1 and 2 emissions. This figure reflects the bank's ongoing commitment to monitoring and managing its carbon footprint. In 2022, the bank's emissions in Germany were significantly higher, totalling about 1,181,300 kg CO2e, with Scope 1 emissions at approximately 552,600 kg CO2e and Scope 2 emissions at around 628,800 kg CO2e. The data indicates a notable reduction in emissions from 2022 to 2023, although specific reduction targets or initiatives have not been disclosed. The bank has not reported any Scope 3 emissions, nor does it appear to have cascaded emissions data from a parent organization. Deutsche Bundesbank's climate commitments remain somewhat vague, as there are no specific reduction initiatives or targets outlined in the available data. The bank continues to focus on transparency in its emissions reporting, as evidenced by its published climate reports.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | - | - | - |
Scope 3 | - | - | - |
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.