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 25 is higher than 58% 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 a commitment to monitoring and managing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. In the preceding years, emissions were recorded at about 1,036,000 kg CO2e in 2022, 1,445,400 kg CO2e in 2021, and 622,000 kg CO2e for Scope 1 and 824,500 kg CO2e for Scope 2 in 2021. The trend indicates a reduction in total emissions from 2021 to 2022, suggesting ongoing efforts to improve sustainability practices. Despite the absence of formal reduction targets or climate pledges, Deutsche Bundesbank's emissions data highlights their engagement in climate accountability and transparency. The bank's focus on reducing its carbon intensity is evident, as indicated by the weighted average carbon intensity (WACI) metrics reported in previous years.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 622,000 | 000,000 | - |
Scope 2 | 824,500 | 000,000 | - |
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 committed to any reduction initiatives 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.