Deutsche Genossenschafts Hypothekenbank (DG Hyp) is a prominent player in the German real estate financing sector, headquartered in Düsseldorf, Germany. Established in 1923, DG Hyp has built a strong reputation for providing tailored mortgage solutions primarily for commercial real estate, including office buildings, retail spaces, and residential properties. With a focus on the cooperative banking model, DG Hyp offers unique financing products that cater to the specific needs of its clients, ensuring flexibility and competitive terms. The bank has achieved significant milestones over the decades, solidifying its position as a trusted partner in the industry. Known for its robust market presence, DG Hyp continues to excel in delivering innovative financial services, making it a key contributor to the German real estate market.
How does Deutsche Genossenschafts Hypothekenbank'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 Real Estate Services 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 Genossenschafts Hypothekenbank's score of 55 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Deutsche Genossenschafts Hypothekenbank (DZ HYP) reported total carbon emissions of approximately 1.9 billion kg CO2e. This figure includes 1,552,000 kg CO2e from Scope 1 emissions, 670,000 kg CO2e from Scope 2 emissions (market-based), and a significant 1,885,520,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by investments, which account for about 1.88 billion kg CO2e. DZ HYP has set ambitious climate commitments, aiming for carbon neutrality by 2045. This long-term goal includes a target to reduce aggregated carbon emissions from its operations by at least 65% by 2030, compared to 2009 levels. Additionally, the bank has previously achieved a 50.7% reduction in CO2 emissions from Scope 1 and Scope 2 combined, based on 2009 as a reference year, by 2018. The emissions data for DZ HYP is cascaded from its parent company, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, which provides a comprehensive view of the bank's environmental impact and commitments. The bank's ongoing efforts reflect a strong commitment to sustainability and responsible banking practices within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 87,135 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 484,685 | - | 00,000 | 0,000 | 000 | 0,000 | 00,000 | 000,000 |
| Scope 3 | 4,400 | 0,000,000 | 0,000,000 | 000,000 | 0,000 | 0,000.00 | 0,000 | 0,000,000,000 |
Deutsche Genossenschafts Hypothekenbank's Scope 3 emissions, which increased significantly last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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 Genossenschafts Hypothekenbank 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.
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