Deutsche Genossenschafts Hypothekenbank
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Deutsche Genossenschafts Hypothekenbank's score of 33 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Deutsche Genossenschafts Hypothekenbank's reported carbon emissions
In 2023, Deutsche Genossenschafts Hypothekenbank reported total carbon emissions of approximately 2,087,000 kg CO2e. This figure includes 460,510 kg CO2e from Scope 2 emissions, primarily from purchased heat and electricity, and a significant 653,290,000 kg CO2e from Scope 3 emissions, which encompasses business travel, employee commuting, and purchased goods and services. Over the past few years, the bank has shown a fluctuating trend in emissions. In 2022, total emissions were about 2,137,000 kg CO2e, with Scope 1 emissions at 1,082,000 kg CO2e and Scope 3 emissions also at 1,082,000 kg CO2e. In 2021, total emissions were approximately 2,367,000 kg CO2e, indicating a reduction in emissions in subsequent years. Despite these figures, Deutsche Genossenschafts Hypothekenbank has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The absence of documented reduction initiatives suggests a need for enhanced strategies to address carbon emissions effectively. Overall, while the bank has made some progress in managing its emissions, the lack of formal reduction targets highlights an area for potential improvement in its climate strategy.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 871.35 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | 484,685 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 44 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
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 Genossenschafts Hypothekenbank 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.
